ATTENTION INVESTORS!! Live rent free in one unit or take advantage of the amazing cash flow on this property. This beautiful all brick 1920’s 4-Unit building comes with tons of equity and over $35k in updates in the last 6 months. Brand new rubber roof with 10-year warranty, new front shingles, all new basement insulation, updated electrical panels for each unit, and all new windows in each unit. Many more updates including renovated kitchens, bathrooms, flooring, paint, drywall, and the list goes on. Amazing cash flow of $30,900 yearly gross profit. Double digit CAP RATE! Downtown commercial location with beautiful views. Across from Springfield Clinic Main Campus. Walking distance to medical offices, restaurants, and historic sites. 3 units offer a one-bedroom, one-bathroom deluxe floor plan with 900 square feet of living space, separate living room, dining room and kitchen. 1 unit has been converted into a 2 bedroom, one-bath with long term tenants of 3 years. Washer and dryer in each unit. Incredibly low maintenance building. Owner pays water (included in rent), garbage, and common area electric & gas. Tenants pay electric and gas for their unit. 3 of the 4 units occupied, all 3 with leases. One recently vacant unit just remodeled and ready for easy showing to buyers. Last remodeled unit had a waiting list and was occupied within 7 days of showing. $164,900 - For Sale By Owner. Selling As-is.
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