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$625,000
12
Beds
6
Baths
6,650
Living Area
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Property Description
Investment opportunity: Fully leased 6-family property with 2-bed, 1-bath units near downtown Springfield. Recent updates include a mix of fully renovated and updated units, with a new roof installed 5 years ago and several boilers and water heaters recently upgraded. All units have lead certs and separate utilities for heat, electric, and gas. Units 2L and 2R are leased with a lease start date of July 1, joining the other fully occupied units. This property boasts a strong rental history and offers reliable income in Springfield's competitive rental market.
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Highlights
- Property Class: Residential Income
- Total Rooms: 16
- Status: Closed
- Property Type: 5-9 Family
- Year Built: 1924
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Additional Details
- Basement: Full
- Foundation: Other
- Lot Features: Corner Lot
- Year Built Details: Actual, Approximate
- Zoning: R3
- Construction: Brick, See Remarks
- Interior Features: Other, Living Room, Kitchen
- Total Number of Units: 6
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Other
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $448,600
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2023
- Total Rent: $5,170
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
- Taxes: $7,649
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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 Kempf-Vanderburgh Realty Consultants, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
