Great opportunity to live in one unit and rent the other or add a cash flowing property to your portfolio. This versatile property features two living spaces on one lot, providing built-in income from day one.The main home (824 W Elm St) offers 3 bedrooms, 2 baths and 1,216 sq… Read More ft and is currently leased for $1,150 per month. The separate upstairs apartment (826 W Elm St) includes 1 bedroom, 1 bath and 432 sq ft with its own private entrance and currently rents for $675 per month.Both units have already been remodeled and updated, making this a turnkey investment with a current combined monthly income of $1,825. Current rents are below market, offering additional upside and opportunity for increased cash flow over time.Whether you're an investor looking for solid rental income or a buyer wanting to offset your mortgage by renting the second unit, this property offers flexibility and income potential.Conveniently located near downtown Springfield, schools, restaurants, and everyday amenities. Read Less
Courtesy of Dana R. Ingle, EXP Realty LLC, 866-224-1761.
Listing Snapshot
Days Online
151
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
3
Square Ft.
1,648
Lot Size
0.18 Acres
Year Built
1912
MLS Number
60308872
Additional Details
Building
Above Grade Finished Area: 1648, Below Grade Finished Area: 0, Levels: "Two", Living Area: 1648, Stories: 2, Total Area: 1648, Built in 1912
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