$1,120,000
24
Beds
8
Baths
10,580
Living Area
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Property Description
92 Woodside Terrace offers a rare opportunity to acquire a professionally managed eight-unit brick building in the heart of Springfield. All units are paying market-rate rents with room for future adjustment, positioning the property as a strong cash-flowing asset. Interiors feature a combination of gleaming hardwood and luxury vinyl plank flooring, updated kitchens, and modernized bathrooms designed for durability and tenant appeal. Off-street parking enhances convenience for residents, while the central location provides access to schools, shopping, transportation, and major highways. With its solid construction, professional oversight, and market-rate tenancy, this property stands out as a prime multifamily investment in Springfield.
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Highlights
- Heating: Hot Water, Oil
- Parking Spots: 12
- Property Type: 5-9 Family
- Total Rooms: 48
- Status: Closed
- Levels: 4
- Property Class: Residential Income
- Stories: 4
- Year Built: 1896
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Additional Details
- Appliances: Range, Refrigerator
- Exterior Features: Balcony/Deck
- Foundation: Concrete Perimeter
- Lot Features: Cleared, Level
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: R2
- Basement: Full, Walk-Out Access, Unfinished
- Flooring: Wood, Vinyl, Hardwood
- Interior Features: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 8
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other, Sidewalks
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $789,900
- Tax Year: 2025
- Total Rent: $14,400
- Rental Fee Includes: Unit 1(Heat, Hot Water), Unit 2(Heat, Hot Water)
- Taxes: $12,386
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