ERA Neubauer Real Estate Inc
Listed by ERA Neubauer Real Estate Inc
$599,997
116 Springfield Avenue
Details
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 2,907
Year Built 1952
Lot Size (SqFt) 13,503.6
Multifamily
Marketing description
Welcome to a Turnkey Investment Opportunity!
This fully remodeled property at 116 Springfield Ave (2021) 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.
This property is an excellent addition to any investment portfolio.
Listing Contacts
ERA Neubauer Real Estate Inc
Listed by ERA Neubauer Real Estate Inc
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