Average square foot calculated using Size range provided by listing agent.
Description
Incredible investment opportunity in a high-demand Springfield location! This package includes four all-brick duplexes--eight total units--located at 1021, 1027, 1033, and 1039 S Lexington Avenue, all situated on a single 0.69-acre parcel. Each unit is approximately 800 square feet and features 2 bedrooms and 1 bathroom. All eight units are currently occupied, generating a total monthly rent of $6, 225, with market rent potential of approximately $6, 800/month. The buildings have low-maintenance brick exteriors and offer paved, off-street parking for tenants. Located just minutes from nearby shopping, dining, and with quick access to Hwy 13, this property offers strong tenant appeal and excellent occupancy history. Investors will appreciate the consistent cash flow, rental upside, and the ease of managing all units on one parcel.Show Description
MLS® Number60302602
Laundry Level
Central VacNo
FireplaceNo
Acreage0.69
Exterior
GarageNo
Approx. Age1981
Basement
DrivewayPaved Area
Garage Spaces
HeatCentral
A/CCentral Air
Heating Fuel
Extras
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