Excellent investment opportunity ! This multifamily property offers tremendous potential for both savvy investors and owner-occupants looking to build equity and maximize rental income. Featuring a finished attic and a partially finished basement, the property offers additional opportunities to expand usable living space and add value. Current rents are below market value, presenting an opportunity for future rental income growth. Tenants are aware that rents are below market and acknowledge the potential for future increases. Whether you're looking to expand your investment portfolio or offset your mortgage while building equity, this property offers plenty of potential for the right buyer. Don't miss this opportunity to unlock its full value!
Liberty Heights, located between Forest Park and East Forest Park, is a residential and civic Springfield neighborhood with tree-lined blocks and a steady, lived-in streetscape. The neighborhood’s character concentrates around the Liberty Street and Belmont Avenue corridor, where corner markets, barbershops, and takeout counters keep the sidewalks in motion. Early-20th-century two- and three-family homes mix with compact apartment buildings, giving the area a classic Springfield rhythm of porches, bay windows, and small front yards. Forest Park’s paths and ponds shape daily routines with green space at the edge of the grid. The nearby Springfield Museums campus adds a cultural counterpoint to the neighborhood’s practical, local feel. Bus routes along the main arterials connect the area to downtown without changing its residential pace.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Partial basement
Bathrooms
3 full bathrooms
Exterior features
Public road frontage
Home design
Multi-family property
3 stories
Parking
4 parking spaces
Paved driveway
Off-street parking
Construction
Stone construction
Block foundation
Shingle roof
Utilities
Public water
Public sewer
HOA & community
Near public transportation, shopping, parks, medical facilities, laundromats, houses of worship, and public schools
Electricity and solar
View estimated energy costs and solar savings for this home