126 E Cassilly Street,Springfield, OH 45504
Springfield, OH 45504
Description
First Floor Is now Rented $1500/ month, 3rd Floor rented soon for $800. Major new updates::: Bathrooms, flooring, Interior painting. Opportunity awaits at 126 E. Cassilly St.,Springfield, OH.. desirable College Hill neighborhood. For investors seeking strong cash-flow potential or an owner-occupant looking to offset your housing costs, this vacant three-unit property offers exceptional flexibility and upside. The first and second-floor units rent for $1,500 per month each and the third-floor unit renting for $800 per month. Tenant pays Electric and Gas, Landlord pays water. Built in 1913 and offering approximately 3,350 square feet of living space, this spacious triplex features two large units on the first and second floors, each offering 2 bedrooms with potential for a third bedroom, plus a third-floor 1-bedroom apartment. The layout provides multiple income options and strong appeal for long-term tenants. Investors will appreciate that tenants pay their own gas and electric, helping reduce operating expenses. The roof was updated approximately six years ago, providing additional peace of mind. An adjacent lot is included, offering valuable off-street parking opportunities or additional outdoor space for tenant enjoyment. Location is a major advantage. Situated just blocks from Wittenberg University and minutes from downtown Springfield, Snyder Park, Buck Creek, shopping, dining, and the area's bike trail system, the property benefits from strong rental demand and convenient access to local amenities. Properties offering this combination of size, income potential, location, and value are increasingly difficult to find. With all units vacant and ready for immediate occupancy or lease-up, this is an excellent opportunity to build equity, maximize cash flow, and add a solid performing asset to your portfolio. . Schedule your showing today.
Details
| MLS # | 1044905 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1913 |
| Days On Site | 185 |
| Listing Provided By | Howard Hanna Real Estate Services | John M Kiefaber |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 3,350 |
| Basement | Y |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Multiple |
| Acreage | 0.06 |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Heating Yes / No | Yes |
| Appliances | Gas Water Heater |
Exterior
| Lot Features | Residential Lot |
|---|---|
| Construction Materials | Wood Siding |
| Foundation Details | Concrete Perimeter, Stone |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | No Garage |
Utilities
| Sewer | Public Sewer |
|---|
Area Information
| State | OH |
|---|---|
| County | Clark |
| City | Springfield |
| Zip Code | 45504 |
| Area | N O MAIN | W OF LIMESTONE |
| Subarea | N O MAIN | W OF LIMESTONE |
| Community Name | Cassilly & Frey |
| School District | Springfield CSD |
| High School | Springfield CSD |
| Listing VS Median (in Cassilly & Frey) | |
Price: $185,000 low | high Med: $227,450 sqft: 3,350 low | high Med: 3,267 $ / sqft: $55 low | high Med: $70 On site: 185 low | high Med: 122.5 | |
Market Activity 45504
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Learn More About This Property
| State | OH |
|---|---|
| County | Clark |
| City | Springfield |
| Zip Code | 45504 |
| Area | N O MAIN | W OF LIMESTONE |
| Subarea | N O MAIN | W OF LIMESTONE |
| Community Name | Cassilly & Frey |
| School District | Springfield CSD |
| High School | Springfield CSD |
| Listing VS Median (in Cassilly & Frey) | |
Price: $185,000 low | high Med: $227,450 sqft: 3,350 low | high Med: 3,267 $ / sqft: $55 low | high Med: $70 On site: 185 low | high Med: 122.5 | |