126 E Cassilly Street Springfield, OH 45504
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,350 sqft
Price per Sqft $55
Subdivision Cassilly & Frey
MLS Listing ID 1044905
Style Rectangular
Bedrooms 5
Full Baths 3
Year Built 1913
Tax Year 2025
Lot Size 2,613 Sqft
Lot Dimensions 0.06
Source Western Regional Information Systems & Technology (WRIST)
Property Description
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.
Location
State OH
County Clark
Community Cassilly & Frey
Area 0.06
Zoning Multiple
Direction N Limestone to E Cassilly St to 126
Rooms
Basement Poured, Unfinished
Interior
Heating Forced Air, Natural Gas
Appliance Gas Water Heater
Heat Source Forced Air, Natural Gas
Exterior
Exterior Feature Wood Siding
Parking Features No Garage
Building
Lot Description Residential Lot
Story Two
Foundation Stone, Concrete Perimeter
Sewer Public Sewer
Water Supplied Water
Architectural Style Rectangular
Level or Stories Two
Schools
High Schools 1206 Springfield Csd
School District 1206 Springfield Csd
Others
Tax ID 3400700035108035
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/wrist/1044905