$460,000
11
Beds
3
Baths
3,714
Living Area
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Property Description
Attention investors: seize this incredible "cash cow" opportunity in Springfield! This massive 3-family powerhouse is a wonderful addition to any portfolio. The 1st and 2nd units boast 4 spacious bedrooms each, while the 3rd floor offers 3 bedrooms. Excellent stability is built-in with long term renters on the 1st floor and 2nd floor. Significant capital improvements provide peace of mind. The 3rd floor shines as it's been updated and is ready for an owner occupant or a tenant. Lead certificates are already secured for the 1st and 2nd floors! Tenants will enjoy separate utilities, a front porch, a 2nd-floor enclosed porch, and a private backyard. With all the heavy lifting done, this high-income property is ready to perform from day one. Don't miss out on this rare, high-occupancy multi-family gem!
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Highlights
- Heating: Steam, Natural Gas
- Parking Spots: 4
- Property Type: 3 Family
- Total Rooms: 16
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1903
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Block
- Roof: Shingle
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full
- Fireplaces: 1
- Lot Features: Level
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-Station
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $227,400
- Tax Year: 2025
- Total Rent: $3,400
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $3,566
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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 Vanderbilt Properties, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.