Investor Opportunity – Turnkey Duplex with Strong Rental Potential!
Whether you're looking to expand your investment portfolio or house hack your way into homeownership, this duplex offers an outstanding opportunity. Featuring two spacious 4-bedroom, 2-bath units with approximately 1,454 square feet per side, this property provides the size and layout tenants are looking for.
One unit is currently occupied on a month-to-month lease at $1,100 per month, while the second unit is vacant, giving the next owner the flexibility to place their own tenant at market rent or move in and let the neighboring unit help cover the mortgage.
Major mechanicals have already been addressed with updated electrical, a roof reported to have no known issues, and HVAC systems that are operational, allowing investors to focus on maximizing returns rather than immediate major repairs. The property is served by city water and includes a crawlspace foundation. Appliances do not convey.
With 8 total bedrooms and 4 full bathrooms, this duplex presents an excellent value for investors seeking immediate income with upside potential through leasing the vacant unit or increasing rents over time. Conveniently located near downtown Springfield, shopping, schools, and major roadways.
Don't miss this opportunity to own a cash-flowing duplex with immediate income and additional upside.
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Zillow last checked:
Listing updated:
Listed by:
Thomas Garuccio440-754-7449Tom@GaruccioGroup.com,
Real of Ohio
Source: MLS Now,MLS#: 5232953Originating MLS: Lake Geauga Area Association of REALTORS
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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