Rhonda Albaugh
Listed By
Agency Name: Keller Williams Greater Cols
Agency Phone: 614-944-5900
Agent Name: Ginson D Speich
Shown By
Agent Name: Rhonda Albaugh
Agent Phone: (330) 323-3804
Agency Title: Cutler Real Estate
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Property Description
Opportunity knocks in Greenfield--this 3-unit property offers immediate upside at an attractive price point. One unit is nearly rent-ready, while the other two need light cosmetic improvements, making this an ideal value-add for investors looking to build equity and cash flow quickly.Market rents support ~$600/month per unit, positioning the property for approximately $1,800/month ($21,600 annually) once stabilized. With conservative expenses, this asset has the potential to perform in the mid-to-high teens cap rate range.Low entry, strong rent potential, and a clear path to stabilization--this is a solid addition to any portfolio.
Property Features
Property Type: Multi Unit - Multiple
Days on Market: 5
Lot Size: 0.15 Acres
Taxes: $1,494
Year Built: 1920
Feature Descriptions
Parcel #: 27-15-001-169.00
Local Schools
School District: GREENFIELD EXEMPTED VILLAGE
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Estimated Payment
$ 553.93 per month $406.12 Principal & Interest $124.50 Property Tax $23.30 Homeowner's InsuranceChange Payment Information
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640 Jefferson Street | MLS# 226011063
This multi-family property located at 640 Jefferson Street, Greenfield, OH 45123 is currently listed for sale with an asking price of $79,900. Jefferson Street is located within the GREENFIELD EXEMPTED VILLAGE school district. Search Greenfield real estate on ralbaugh.cutlerhomes.com today.