$499,999
8
Beds
4
Baths
3,843
Living Area
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Property Description
Rare 4-Family Investment Opportunity in Great Forest Park Area, Springfield – Close to X! This well-maintained, turnkey 4-family home is a rare find in the desirable Forest Park neighborhood—perfect for investors or owner-occupants seeking strong cash flow. The property features two units per side, each offering 5 rooms and 2 bedrooms, providing flexible living arrangements and excellent rental potential. Highlights include: • Four newer gas forced hot air heating systems • Separate 100A electric panels and gas meters for each unit • Lead compliance certification for all units • Hardwood floors and charming front porches • W/D hook up in each unit • Two newer driveways (one on each side) • Spacious detached garage at the rear • Large, clean, full-size concrete basement Currently, the 1st floor units are occupied, while the 2nd floor units are vacant, offering immediate rental upside or move-in options. This is a solid, income-producing property in a strong rental market-don’t miss out!
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Highlights
- Area: Forest Park
- Parking Spots: 6
- Property Type: 4 Family
- Total Rooms: 20
- Status: Active
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1922
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Additional Details
- Basement: Full, Walk-Out Access, Unfinished
- Exterior Features: Balcony
- Foundation: Block
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R2
- Construction: Frame
- Flooring: Tile, Hardwood
- Lot Features: Cleared, Level
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Sidewalks
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 2
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Utilities
- Electric: 110 Volts, 100 Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $346,500
- Compensation Based On: Net Sale Price
- Taxes: $5,648
- Buyer Agent Compensation: 2%
- Tax Year: 2025
- Total Rent: $2,400
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