$250,000
5
Beds
2
Baths
2,669
Living Area
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Property Description
Don't miss an affordable investment opportunity with this multi-family home located in the Indian Orchard section of Springfield. Conveniently located in close proximity to restaurants, shopping and schools, this property also presents an exciting opportunity for expansion. Currently classified in public records as a 3 family, this property has a third floor with 3 additional rooms offering the potential to add to the second floor unit square footage or if a second egress is added and permitted, the potential to add a 3rd floor apartment! Both the 1st and 2nd floor units offer a large eat-in kitchen, living rm and a full bath. There are 2 bdrms on the 1st floor and the 2nd floor unit currently offers 3 bdrms. The property also boasts a full basement and a private fenced backyard. Don't miss out on this unique property! Property is being sold AS IS with tenants both in month to month leases. Buyer & Buyer's agent to verify all information and perform due diligence.
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Highlights
- Area: Indian Orchard
- Property Class: Residential Income
- Total Rooms: 13
- Status: Closed
- Parking Spots: 4
- Property Type: Multi Family
- Year Built: 1912
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Additional Details
- Appliances: Refrigerator, Range
- Construction: Frame
- Interior Features: Living Room, Kitchen
- Roof: Shingle
- Year Built Details: Actual
- Zoning: B1
- Basement: Full
- Foundation: Other
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Parking Features: Paved Drive, Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $176,000
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $2,000
- Buyer Agent Compensation: 2.0%
- Facilitator Compensation: 2.0%
- Taxes: $3,001
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Listing information provided courtesy of United Brokers.
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