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$134,900
6 Beds 3 Baths 1047879 MLS
SPACIOUS, RENOVATED SIDE-BY-SIDE DOUBLE WITH 7 BEDROOMS, 3 FULL BATHS AND ESTIMATED GROSS RENTAL POTENTIAL OF $2,400 PER MONTH. Offering approximately 3,242 square feet, 131 E Southern features 4 bedrooms and 2 full baths, while 133 E Southern offers 3 bedrooms and 1 full bath. The 133 side has been completely remodeled with a new kitchen, new bathroom, new flooring throughout, fresh paint, new doors, LED lighting, switches and outlets. The 131 side has also undergone substantial improvements. Major capital items have already been addressed, including a brand-new roof, two high-efficiency furnaces, vinyl windows throughout, separate 100-amp electrical service for each unit, and separately metered gas and electric. Exterior improvements include fresh paint and repairs to the aluminum siding. Both units offer tall ceilings, spacious rooms, covered front porches and backyard access. With no tenants above or below, the side-by-side layout provides added privacy. Estimated market rents are $1,250 for the 4-bedroom, 2-bath unit and $1,150 for the renovated 3-bedroom, 1-bath unit, creating potential gross income of $28,800 annually. Owner pays water; occupants pay separately metered gas and electric. An excellent opportunity for an investor seeking a substantially improved rental or an owner-occupant looking to offset the mortgage with income from the adjoining unit. Conveniently located near South Limestone Street, downtown Springfield and I-70.

131-133 E Southern Ave, Springfield

$184,900
6 Beds 2 Baths 1047593 MLS
Turnkey, fully vacant duplex with extensive updates! This move in ready upper/lower duplex is an exceptional opportunity for investors looking to generate rental income or owner occupants wanting to house hack by living in one unit while renting the other. With both units vacant, you have the rare ability to choose your own tenants, set current market rents, or occupy either unit immediately. No waiting for leases to expire and no renovation projects to tackle. This income producing property is ready to go. The upper unit has been completely renovated and features new LifeProof luxury vinyl plank flooring, new Stainmaster carpet with Nike Step Ahead padding, new countertops, a new vanity, fresh paint throughout, and a bedroom with a newly added closet for improved functionality. Both units include brand new appliances and fresh interior paint, creating a clean, modern feel. The lower unit blends classic character with modern updates, featuring beautifully refinished hardwood floors, updated luxury vinyl plank flooring in the entryway, kitchen, and bathroom, brand new lighting, and a refreshed, move-in ready feel. Outside, you'll find a renovated rear deck, a new garage door, convenient off street parking, and a detached two car garage, providing valuable storage and parking for owners or tenants alike. Whether you're expanding your investment portfolio, purchasing your first duplex, or looking for a turnkey house hack, this updated multifamily property offers flexibility, low maintenance, and immediate income potential in one package.

462-462.5 Stanton Ave, Springfield

$359,900
6 Beds 3 Baths 1047375 MLS
Welcome home to the WHITELEY-COBLENTZ HOUSE in the SOuth FOuntain Historic District. The 'SOFO' District's tree-lined streets and architecturally rich neighborhood provides unique living right in our city, just a short walk to restaurants, live music and social hubs. 417 S. Fountain is a grand Italianate style that dates back to 1865 when William N. Whiteley, known to be one of Springfield's greatest contributors, built the home. In the early 2000s, the house was separated into 6 apartments but since 2014, the owners have thoughtfully restored it back to an elegant single residence. Today, this home has an option of 6 bedrooms, one possible on the main level where there is a full bath. A chef's kitchen including a Zline 6-burner double oven and a vintage shop counter serving as an island and a unique penny floor, a butler's pantry with industrial stainless shelving, a serving pantry/coffee station, dining room, a parlor/drawing room, and a rear entry boot/mud room to come in from the paver patio. On the 2nd floor you'll find an additional 5 bedrooms and 2 full bathrooms. Previously maid's quarters, the true master suite updated in 2022, will include a king canopy bed, a copper claw foot tub, a huge closet with built-ins, a sauna and laundry. Another bedroom is a child's dream with a custom-built rock-climbing wall. So many updates to this property! In addition to the purchase of 417 S. Fountain, the sale will include the neighboring property at 425 S. Fountain. Vacant for possibly 25 years, let your imagination go with this home! You'll find a grand staircase, new metal roof and a greenhouse attached to the back with synthetic flooring. The two yards combine into a beautiful oasis with mature trees and landscaping, 2 sheds all surrounded by a 6' privacy fence. Don't wait! Take an opportunity to tour this beautiful, stately home. Call Megan today at (937)408-5174.

417 S Fountain Ave, Springfield

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