About 1567 Karr Street
Prime investment opportunity. Fully occupied turnkey triplex with great tenants! Perfect for new investors or portfolio expansion. Boasts an impressive 9.88% capitalization rate ensuring a lucrative and hassle-free investment. Two units were completely renovated with: kitchen, bath, flooring plus added washer/dryer & appliances. Key features include a relatively new roof (5-6 years old)-per seller, recently installed gutters, and new water heaters (each unit has separate water heater). The property is furnace-free with electric baseboard heat minimizing maintenance concerns. Very low overhead, owner bears only water and trash. Do not miss this opportunity.
Features of 1567 Karr Street
| MLS® # | 1029817 |
|---|---|
| Price | $209,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,553 |
| Acres | 0.27 |
| Year Built | 1918 |
| Type | Multi-Family |
| Status | Active |
Community Information
| Address | 1567 Karr Street |
|---|---|
| Area | 012 N OF MAIN / E OF LIMESTONE |
| Subdivision | Mrs |
| City | Springfield |
| County | Clark |
| State | OH |
| Zip Code | 45503 |
Amenities
| Features | Bath 1st Floor, Bed 1st Floor |
|---|---|
| Garages | No Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Range, Refrigerator, Dryer, Electric Water Heater, Washer |
|---|---|
| Heating | Electric |
| Cooling | Window Unit(s) |
| Has Basement | Yes |
| Basement | Unfinished, Full, Walkout |
| Fireplace | No |
| Stories | One and One Half |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Open Lot, Plat, 89x133 |
| Foundation | Block, Cellar |
School Information
| District | 1206 Springfield CSD |
|---|
Additional Information
| Date Listed | January 25th, 2024 |
|---|---|
| Days on Market | 24 |
| Zoning | Residential |
| Foreclosure | No |
Listing Details
| Agent | Alva Fulk |
|---|---|
| Office | Real Estate II, Inc. |