116 Springfield Avenue
$605,000
—
2,907
2,907
$208
New
Description
Welcome to a Turnkey Investment Opportunity! This fully remodeled property at 116 Springfield Ave 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...Welcome to a Turnkey Investment Opportunity! This fully remodeled property at 116 Springfield Ave 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 efficientmanagement. Professionally managed by ERA Neubauer Property Management, this property is an excellent addition to any investment portfolio. As an added bonus, the adjacent cleared lot (Parcel ID 24228-005-000) with mixed-use zoning is also listed for sale at 65,000, (MLS 766435) providing an ideal opportunity for additional development or other creative uses. Schedule your private showing today with your preferred real estate professional!
- Listed by Heather H Neubauer • ERA Neubauer Real Estate Inc
- Listed by Kaci A Hawes • ERA Neubauer Real Estate, Inc
Property Details for 116 Springfield Avenue
Waterfront
No
Subdivision Name[No Recorded Subdiv]
Zoning DescriptionResid Multi-Family
LISTING UPDATED: 12/22/2024 12:22 PM
Property Details for 116 Springfield Avenue
Status | Active |
---|---|
MLS # | 766434 |
Days on Market | 1 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi Family / Multi Family |
Year Built | 1952 |
Lot Size | 0.31 AC / 13,503 SF |
County | Bay County |
Building Information for 116 Springfield Avenue
Stories-Residences-Year Built1952Building Size-Lot Size0.31 AC / 13,503 SF
Property Information for 116 Springfield Avenue
Property History for 116 Springfield Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 116 Springfield Avenue
Taxable ValueLand$21,922Additions$79,126Total$101,048
Tax Record2023$1,550 ($129 / month)
Home Facts
Total Finished SqFt442 SqFtAbove Grade Finished SqFt442 SqFtStories1Lot Size13,460 SqFtStyleMulti-Family Dwelling (2-4)Year Built1952CountyBAYAPN24226-000-000
Schools near 116 Springfield Avenue
This home is within Bay.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 6 to 12 | |||
Public - | PK to 12 |
Rating | School | Distance |
---|---|---|
Merriam Cherry Street Elementary School PublicPK to 5 | ||
Everitt Middle School Public6 to 8 | ||
Rutherford High School Public6 to 12 | ||
Margaret K. Lewis In Millville PublicPK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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