$699,000

House for sale Springfield
Property photo number 1 of 16 Photos for Property. File  105771770_29_54eba1202a76ed45c055f4f1f73b1e5f.jpeg

Overview

SUMMARY: Discover an opportunity with this Springfield house for sale and available for $699,000. This could be your next ideal home or a smart investment. More details await.
Turn-key 6-family investment opportunity featuring six 2-bedroom units across three floors. Most units have been renovated with updated kitchens, bathrooms, flooring, and finishes. Five units are currently leased with tenants in good standing and current on rent. One first-floor unit was recently turned over and is vacant, providing an opportunity for owner-occupancy or a new market-rate tenant. At full occupancy with current rents in place, the property generates over $94,000 in annual gross rental income. Tenants pay their own electric and gas utilities; owner pays water and sewer. Recent capital improvements include a $33,000 rebuild of the rear porch and newly replaced electric meters. Lead compliance certificates are available, and the property is up to date with current city requirements, including fire monitoring and an intercom system. Additional features include a corner lot and paved driveway with off-street parking for two vehicles. First open house Saturday, September 26, from 1:00 PM to 2:30 PM.
Request details

Details

  • Beds: 12
  • Baths: 6
  • Price: $699,000
  • Reference No.: 96360928
  • Area: 7,188 sqft

Location

Marketed by:

  • Kevin Li
Request details
Disclaimer

The information about this listing comprises a listing advertisement. Listanza makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information. Further, Listanza has no control over the content. The information is provided and maintained by the owner/agent. Please contact the owner/agent directly to obtain any additional information.


Viewed 0 times.