$605,000
For Sale
6 beds | 6.00 baths | #965132
Browse 49 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Welcome to a Turnkey Investment Opportunity!This fully remodeled property at 116 Springfield Ave offers six detached single-family units, each featuring one bedroom, one spacious bathroom, a living area, and a kitchen. These units, completely updated in 2021, are fully occupied and generating $61,500 in annual gross income with rent rolls available. The updates include new (2021) 30-year dimensional shingle roofs, energy-efficient windows, updated electrical wiring, fresh sheetrock, paint, and luxury vinyl plank flooring, as well as new kitchen cabinets and countertops. Each unit is individually metered for water and electricity, ensuring efficient management. Professionally managed by ERA Neubauer Property Management, this property is an excellent addition to any

  • Property Details
      • AppliancesCooktop, Refrigerator, Stove/Oven Electric
      • Exterior MaterialsBrick, Roof Dimensional Shg, Trim Vinyl
      • EnergyAC - Window/Wall, Heat - Wall/Window
      • Utility FeaturesElectric, Public Sewer, Public Water
      • InteriorRenovated, Washer/Dryer Hookup
      • Lot FeaturesCleared, Corner, See Remarks
      • SubdivisionNO RECORDED SUBDIVISION
      • Property SubtypeDetached Single Family
      • Property ConditionConstruction Complete
      • Exterior FeaturesPorch, Renovated
      • Lot Size154x100x154x101
      • Elementary SchoolCherry Street
      • StyleTraditional
      • High SchoolRutherford
      • Property TypePurchase
      • Middle SchoolEveritt
      • MLS #965132
      • Cost605000
      • MLS #965132
      • Bathrooms6.00
      • Year Built1952
      • Bedrooms6

Location

Todd Siegrist | LPT RealtyReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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