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.
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0BEDS
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0.31ACRES
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0BATHS
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01/2 BATHS
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2,907SQFT
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$206$/SQFT
School Information
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.
© 2025 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2025-12-06T18:03:55.52.
Listing provided courtesy of ERA Neubauer Real Estate Inc: 850-785-1551. Listing information © 2025 Central Panhandle Association of Realtors MLS.