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622 S Lowry Avenue

Springfield, OH 45506
  • $470,000
  • STATUS: Active
  • ON SITE: 25 Days
  • MLS #: 1027476
UPDATED: 25 min ago
$470,000
  • 14
    BEDS
  • N/A
    ACRES
  • 7
    BATHS
  • 0
    1/2 BATHS
  • 1,172
    SQFT
  • $401
    $/SQFT
Type:
Multi-Family
Built:
1917
County:

School Ratings & Info

School District:

Description

Investment opportunity! Tenants pay all utilites and supply thier own appliances...5 single family residents sold as a package deal...listed individually on the MLS...please refer to individual listings for more information. Package includes 832 Dibert, 833 W Liberty, 816 W Liberty, 713 Lowry, 622 Lowry for $470,000. Total rents are $4,625 per month $55,500 per year avg cap rate 12%. Also available is a package 404 Sherman, 1019 Wayne Ave, 729 Burt, 142 State, 631 Euclid for $451,500. Monthly rent for package $4,750...$57,000 for the year.. Can seperate into a minimum of 2 per deal call for details. This owner has renovated all the properties and maintains them very well..Tenants supply their own appliances, pay all utilities, trash and yard work so there is very little maintenance exprense. Most have new plumbing, roofs , furnaces, windows etc. Seller will only consider cash or investment style loan that uses Income value appraisal. Offers must be accompanied by a pre-approval letter by the company you intend to close with.These are an easy add to your rental portfolio.

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© 2023 Western Regional Information Systems & Technology, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Binkley Real Estate, LLC. Data last updated: 2023-09-27T14:12:54.12
www.binkleyre.com/homes/143013189
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622 S Lowry Avenue Springfield, OH 45506

  • Price: $470,000
  • Status: Active
  • On Site: 25 Days
  • Updated: 25 min ago
  • MLS #: 1027476
14
Beds
7
Baths
0
½ Baths
N/A
Acres
1,172
SQFT
$401
$/SQFT
1917
Built
Neighborhood:
014 S OF MAIN / W OF LIMESTONE
County:
Clark
Area:
014 S OF MAIN / W OF LIMESTONE
School District:
1206 Springfield Csd
Property Description
Investment opportunity! Tenants pay all utilites and supply thier own appliances...5 single family residents sold as a package deal...listed individually on the MLS...please refer to individual listings for more information. Package includes 832 Dibert, 833 W Liberty, 816 W Liberty, 713 Lowry, 622 Lowry for $470,000. Total rents are $4,625 per month $55,500 per year avg cap rate 12%. Also available is a package 404 Sherman, 1019 Wayne Ave, 729 Burt, 142 State, 631 Euclid for $451,500. Monthly rent for package $4,750...$57,000 for the year.. Can seperate into a minimum of 2 per deal call for details. This owner has renovated all the properties and maintains them very well..Tenants supply their own appliances, pay all utilities, trash and yard work so there is very little maintenance exprense. Most have new plumbing, roofs , furnaces, windows etc. Seller will only consider cash or investment style loan that uses Income value appraisal. Offers must be accompanied by a pre-approval letter by the company you intend to close with.These are an easy add to your rental portfolio.
Exterior Features

Exterior Vinyl Siding Garage No Garage Outside Features Porch Structure Type House

Interior Features

Basement Crawl Space Heating System Natural Gas Units Rooms Total Units 5

Property Features

Auction No Condo Lot YN No Hoa Coa YN No Manufactured Home No New Financing 1031 ExchangeCashOther New Financing Semi Annual Tax 0.00 Sewer Public Sewer Tax Year 2023 Township Inside City Limits Units Rooms Gross Monthly Rent 4625.00 Utilities Natural Gas ConnectedSewer Connected Water Source Supplied Water Zoning Residential

Listing provided courtesy of Julie Broghamer of Real Estate II, Inc.: (937) 390-3119.


© 2023 Western Regional Information Systems & Technology, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Binkley Real Estate, LLC. Data last updated: 2023-09-27T14:12:54.12
 
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