Check out this 100% occupied, well-maintained 4-unit apartment building nestled on the north side of Springfield, offering convenient access to various amenities including the bike path, North Limestone Street, State Route 334, US Highway 68, and Interstate 70. This property presents a lucrative investment opportunity with its prime location and desirable features. The property offers two, 2-bedroom, 1-bathroom units and two, 1-bedroom, 1-bathroom units. Each unit has a gas, forced air furnace and central air. The 2-bedroom apartments have washer and dryer hook ups in the unit and the 1-bedroom apartments have access to the coin operated laundry facility on premises. Two-coin operated washer and dryers will convey with the sale of the property. A black top driveway has been recently sealed, and it leads to the carports, 1 for each unit. There is a 10x20 storage shed on the property which can be used for the owner's personal storage. Some updates are the newer roof and siding, along with a furnace in unit 2418, and a new water heater and central air in unit 2416. Gross Rent for all 4 units is $2,990 per month. This well-maintained apartment building presents an excellent investment opportunity for those seeking steady rental income in a thriving location. With its convenient amenities, updated features, and prime location, this property is sure to attract discerning tenants and savvy investors alike.

Listing courtesy of DABR / RE/MAX Alliance Realty

Last checked: Checking… • Last updated Jan 28, 2025 • Source: DABR

MLS# 906982 — Report a problem