Property Description

Excellent Investment or Owner-Occupant Opportunity! Located in Springfield’s desirable Forest Park area, this well-maintained three-family property offers strong rental income and quality updates throughout. Completely gutted and fully rehabbed in 2009, the building features replaced walls, ceilings, electrical and plumbing systems, a membrane roof, rear porches, boilers, fire alarm system, siding, and windows. The property is fully occupied, with tenants paying their own utilities. The first and second-floor tenants are currently month-to-month, while the third-floor tenant is on a lease. Additional income potential comes from a coin-operated washer and dryer in the basement, which has its own hot water tank and is separately metered to the owner. This is a turnkey property ideal for both investors and owner-occupants looking for a stable, well-cared-for asset in a great location.