Refine Search
Map
Sort by
$289,900
6 Beds ⋅ 4 Baths ⋅ 1047782 MLS
Calling all investors! Add a fully occupied four-unit property to your portfolio with 37-39 E Cassilly St. Offering a strong unit mix of two 2-bedroom units and two 1-bedroom units, this property provides established rental income with a history of consistent, on-time rent payments. All four units are currently occupied on month-to-month leases, giving the next owner flexibility moving forward. Recent improvements include a roof approximately 2 years old and four newer furnaces--three electric and one gas. Tenants currently pay their own electric, while the owner covers gas, water, and trash. All existing appliances convey with the sale. Whether you're looking to expand an established portfolio or add another income-producing asset, this four-unit property offers an opportunity to step into an already occupied investment with cash flow from day one. Property is being sold AS-IS. Please be advised photos are in no particular order of 2 out of the 4 units prior to them being rented.

37 E Cassilly St, Springfield
$179,900
5 Beds ⋅ 3 Baths ⋅ 1044905 MLS
This spacious three-unit investment property in Springfield's College Hill neighborhood offers strong income potential and a highly desirable location near Wittenberg University, just minutes from downtown Springfield, Snyder Park, Buck Creek, bike paths, and more. Built in 1913 with approximately 3,350 square feet, the property features two large units on the first and second floors, each offering 2 bedrooms with a possible 3rd bedroom, a large living area, and a kitchen. The third-floor unit includes 1 bedroom, a living area, kitchen, and bath. Current rental potential is impressive, with the first and second floor units renting for $1,500 per month each and the third-floor unit at $800 per month, creating a total potential gross income of $3,800 per month. Tenants pay their own gas and electric, while the landlord covers water, trash, and sewer. With its size, layout, location, and solid rental structure, this property presents a fantastic opportunity for an investor seeking strong cash flow and long-term upside.

126 E Cassilly St, Springfield