Sold!
$515,000
10
Beds
4
Baths
4,420
Living Area
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Property Description
This investment property, located in the heart of Springfield, offers a compelling opportunity with a 10% cap rate. It features four well-maintained units: two 3-bedroom units and two 2-bedroom units, all fully lead certified. One of the 3-bedroom units has been recently updated with new flooring, a new furnace, and appliances. Additional improvements across the property include a new boiler, storm doors, flooring and appliances, ensuring the property remains in top condition and attractive to potential tenants and investors. Don't miss out on this exceptional investment opportunity and schedule your tour today!
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Highlights
- Parking Spots: 6
- Property Type: 4 Family
- Year Built: 1941
- Property Class: Residential Income
- Total Rooms: 18
- Status: Closed
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Additional Details
- Construction: Frame, Brick
- Foundation: Concrete Perimeter
- Roof: Shingle
- Year Built Details: Actual
- Zoning: R3
- Exclusions: Tenant Belongings
- Lot Features: Corner Lot
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Public School
- Parking Features: Off Street
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $305,000
- Tax Year: 2023
- Total Rent: $6,135
- Compensation Based On: Gross/Full Sale Price
- Taxes: $5,200
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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 BKaye Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
