Sold!
$2,090,000
32
Beds
22
Baths
22,316
Living Area
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Property Description
Incredible investment opportunity! This package deal includes a 20-unit building and a two-family building, totaling 22 units, and all units have letters of lead compliance. Comprising four studios, eight one-bedroom, and ten two-bedroom units, this property offers diverse living options. With private parking, on site laundry, updated hot water systems and 95% HTP condensing Hot water heat, ensure efficiency. Prime location: close proximity to downtown Springfield, the city's ongoing revitalization adds immense value. Seize the potential for growth and opportunity in this thriving area. All vacant units will be occupied by January 1, ensuring immediate returns. Don't miss out on this exciting venture in a city poised for transformation!
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Highlights
- Area: Forest Park
- Property Class: Residential Income
- Total Rooms: 94
- Status: Closed
- Parking Spots: 9
- Property Type: 5+ Family - Rooming House
- Year Built: 1925
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame, Brick
- Foundation: Brick/Mortar
- Road Frontage Type: Public
- Total Number of Units: 22
- Year Built Source: Public Records
- Basement: Full
- Flooring: Vinyl, Hardwood
- Lot Features: Corner Lot
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: R3
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Amenities
- Community Features: Public Transportation, Shopping, Park, Laundromat, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,283,500
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water), Unit 3(Heat, Hot Water)
- Taxes: $21,884
- Buyer Agent Compensation: 1.5%
- Facilitator Compensation: 1.5%
- Tax Year: 2023
- Total Rent: $26,000
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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 Stuart St James, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
