Sold!
$375,000
8
Beds
4
Baths
3,869
Living Area
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Property Description
This incredible cash-flowing triplex on Belmont Ave in Springfield is close to everything, and is a great opportunity for a buy-and-hold investor, or an owner-occupant! First floor, which is a three-bedroom, two-bathroom unit, will be vacant at closing, and with several updates, a large backyard, a great garage for the new owner, and paying tenants, this is the property for you. Second floor is three-bedroom, two-bathroom unit, rented at $1875/month. Third floor is two-bedroom, one-bathroom unit, rented out for $825/month. Owner pays electric & electric heat for whole building ($750/month in summer months, $1800/month in winter months), for personal reasons. Age of the systems is mostly unknown, but all operational, and no systems need to be updated immediately (APO). Property will likely pass FHA & VA Financing Options.
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Highlights
- Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
- Parking Spots: 6
- Property Type: 3 Family
- Year Built: 1909
- Heating: Unit 1(Electric), Unit 2(Electric), Unit 3(Electric)
- Property Class: Residential Income
- Total Rooms: 14
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Microwave, Refrigerator, Washer, Dryer), Unit 2(Range, Refrigerator), Unit 3(Countertop Range, Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
- Construction: Frame
- Exterior Features: Gutters, Other (See Remarks)
- Flooring: Wood, Vinyl
- Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
- Roof: Shingle
- Year Built Details: Approximate
- Zoning: B1
- Basement: Full, Interior Entry, Unfinished
- Exclusions: Trampoline (Included).
- Fireplaces: 1
- Foundation: Block, Brick/Mortar
- Lot Features: Level
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $187,700
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2023
- Total Rent: $2,800
- Buyer Agent Compensation: 2.5%
- Rental Fee Includes: Unit 1(Electric), Unit 2(Electric), Unit 3(Electric)
- Taxes: $3,200
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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 Century 21 North East.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
