Exciting Investment Opportunity! Three charming bungalows, nestled side by side, each boasting one bedroom and one bathroom, conveniently located just minutes away from our local colleges and the vibrant heart of Downtown Springfield. These three residences, situated at 1701, 1705 & 1709 E Chestnut St, are currently occupied by tenants, generating a combined monthly income of $1,925.At 1701, a loyal tenant of two years is currently paying $575 monthly. At 1705, a new lease beginning in July 2024 includes a rent increase to $600 per month. 1709 stands out, having undergone a full remodel, boasting brand-new luxury vinyl plank flooring, fresh interiors with new doors, trim, lighting, blinds, bathroom vanity, faucet, and a new window A/C unit. The tenant at 1709 currently pays $725 per month plus $25/mo in pet rent. These properties are professionally managed, ensuring seamless operations for investors who desire hassle-free management. Don't miss out on this prime investment! Properties are sold AS-IS, with the seller making no repairs.
Hoa: No
Baths: 1 Per Unit
Roofing Material: Composition
Year Built: 1,944
Construction: Brick, Vinyl Siding
Transaction Type: Sale
Type of Tenancy: Lease
One Bed Units Price: Over $350
Parking: One Per Unit
Acres: 0.22
Lot Dimensions: 120X81
Inside City Limits: Yes
Foreclosure: No
View: No
Buildings: Three Buildings
Streets: Asphalt
Zoning: R-TH
County: Greene
Property Type: B
Will Sell: Cash,Conventional
Possession: At Closing
Sqft Finshd Unfnshd: 1800 - 1999
One Bed Units Sqft: 501 - 800 SqFt
Tax Year: 2,023
Num One Bedroom Units: 3.00
Num Units: 3
Unit Features: Washer/Dryer Hookup
Water: City Water
Heating: Central
Cooling: Ceiling Fans, Central, Window Unit(s)
Sewer: City Sewer
Lake River: None
Waterfront View: None
Courtesy of listing office Murney Associates - Primrose
MLS# 60281397 
