409 S Fountain Avenue
Property Description
Investment opportunity in the heart of Springfield! This all-brick 4-unit property, along with an additional single-family house located at the rear of the lot, is now available for sale. All 5 units feature 2 bedrooms and 1 bathroom, offering strong rental appeal and consistent income potential. Beginning July 1st, total monthly rental income will be $4,725, with room for future increases and added upside for investors. Ideally situated just steps from Springfield's up-and-coming downtown district, this property offers a prime location close to local dining, shopping, entertainment, and ongoing development. Whether you're looking to expand your portfolio or secure a solid income-producing asset, this property checks all the boxes with its great location and strong investment potential. 4 garages are attached to the back building. 48 hr notice required for all showings
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $345,000 |
| No. of Units: | 5 |
| Year Built: | 1910 |
| Lot Size: | 5,802.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $69,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 10 |
| Number of Bathrooms: | 5 |
ID: 3yd-WRISTINCOH-1045790
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