Springfield, OH 45503,2416-2422 Red Coach Drive

$305,000

$299,900

1.7%
Est.Price: ?

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Est. payment /mo

6 Beds

4 Baths

2,874 SqFt


SOLD DATE : 04/15/2024

Key Details

Sold Price $305,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,874 sqft

Price per Sqft $106

Subdivision Greenlawn Village Add

MLS Listing ID 1030637

Sold Date 04/15/24

Bedrooms 6

Full Baths 4

Year Built 1971

Annual Tax Amount $4,902

Tax Year 2023

Lot Size 0.330 Acres

Lot Dimensions *

Property Description

Check out this 100% occupied, well-maintained 4-unit apartment building nestled on the north side of Springfield, offering convenient access to various amenities including the bike path, North Limestone Street, State Route 334, US Highway 68, and Interstate 70. This property presents a lucrative investment opportunity with its prime location and desirable features. The property offers two, 2-bedroom, 1-bathroom units and two, 1-bedroom, 1-bathroom units. Each unit has a gas, forced air furnace and central air. The 2-bedroom apartments have washer and dryer hook ups in the unit and the 1-bedroom apartments have access to the coin operated laundry facility on premises. Two-coin operated washer and dryers will convey with the sale of the property. A black top driveway has been recently sealed, and it leads to the carports, 1 for each unit. There is a 10x20 storage shed on the property which can be used for the owner's personal storage. Some updates are the newer roof and siding, along with a furnace in unit 2418, and a new water heater and central air in unit 2416. Gross Rent for all 4 units is $2,990 per month. This well-maintained apartment building presents an excellent investment opportunity for those seeking steady rental income in a thriving location. With its convenient amenities, updated features, and prime location, this property is sure to attract discerning tenants and savvy investors alike.

Location

State OH

County Clark

Area 030 E Of Limestone And N Of Home

Zoning Business,Multiple

Rooms

Basement None

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Exterior

Exterior Feature Brick, Vinyl Siding

Garage Carport, No Garage

Utilities Available Natural Gas Connected

Building

Foundation Slab

Sewer Public Sewer

Water Supplied Water

Schools

School District 1206 Springfield Csd

Others

Financing Cash,Conventional

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Listed by RE/MAX Alliance Realty
Bought with Real Estate II, Inc.
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921 Eastwind Dr Suite 102, Westerville, OH, 43081, United States

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