$425,000
8
Beds
3
Baths
2,707
Living Area
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Property Description
Excellent opportunity to own a lead-certified three-family property offering strong income potential and valuable updates. This well-maintained multi-family features two spacious units with three bedrooms each and a third-floor unit with two bedrooms, all offering comfortable living spaces with updated kitchens featuring modern cabinetry and countertops. Major improvements include newer heating systems and updated electrical service, helping to provide peace of mind for years to come. Outside, you'll find a large yard with plenty of space for outdoor enjoyment, along with ample off-street parking adds to the property's appeal for both owners and tenants. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this versatile property is an outstanding opportunity in a convenient Springfield location.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1903
- Parking Spots: 10
- Property Type: 3 Family
- Total Rooms: 14
- Status: Active
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Additional Details
- Basement: Full
- Flooring: Wood, Vinyl, Carpet, Laminate
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Construction: Frame, Brick
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Public School, T-Station, University
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: 220 Volts, Circuit Breakers, 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $223,600
- Taxes: $3,506
- Tax Year: 2025
- Total Rent: $3,450
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