$375,000
8
Beds
4
Baths
5,000
Living Area
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Property Description
Cash Cow! With rents on the rise, do not miss this rare opportunity to purchase this income-producing 4 family home located in the Indian Orchard section of Springfield. Generate immediate cash flow as an investor or potentially live for free in one of the units while your tenant in the other units pays you rent. Each unit features over 1000 square feet of living space with 2 bedrooms, an eat in kitchen and living room. The second-floor units have a 3rd floor that can be converted into 2 additional bedrooms for 4-bedroom units! This home will also be delivered COMPLETY VACANT, allowing the new owner to choose their tenants wisely. This property is an attractive option for those looking to grow their real estate portfolio or start a new investment journey. Don't miss out on this golden opportunity to secure a steady stream of rental income. Contact us today for a viewing!
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Highlights
- Area: Indian Orchard
- Parking Spots: 4
- Property Type: 4 Family - 4 Units Side by Side
- Total Rooms: 16
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1911
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Additional Details
- Appliances: Refrigerator, Washer
- Construction: Frame
- Foundation: Stone, Brick/Mortar
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full, Unfinished
- Flooring: Vinyl, Carpet, Hardwood
- Interior Features: Living Room, Kitchen
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, House of Worship, Public School
- Parking Features: Off Street
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Utilities
- Electric: 100 Amp Service, Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $264,600
- Taxes: $4,249
- Tax Year: 2024
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Lowe & Lowe Realty Co..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.