Courtesy of: Fredda Augusta Temples, The Real Estate Firm, Inc., freddatemples@gmail.com
Courtesy of: Fredda Augusta Temples, The Real Estate Firm, Inc., freddatemples@gmail.com
$265,000
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1,956 square feet
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Lot: 0.17 Acres
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Other
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$265,000
123 E Springdale Ave This exceptional multi-family property, zoned for commercial use, presents a charming historic residence situated just outside the lively Happy Holler district. It represents an excellent investment opportunity, benefiting from a prime location with convenient access to local amenities. Although the apartment units currently require some repairs, cleaning, and modernization, they offer significant potential for value-added renovation. The property includes a spacious, unfinished fourth unit on the upper floor, which could be completed to generate additional income. Each dwelling is equipped with its own electric meter for independent utility management. The first-floor apartments currently command a monthly rent of $1200 each, while the upstairs unit rents for $1000. Tenants are responsible for all utility costs. Recent enhancements include a newer roof. The property is set on a generous lot, featuring an outdoor storage building and rear access from the back street, which provides convenient off-street parking.
Courtesy of: Fredda Augusta Temples, The Real Estate Firm, Inc., freddatemples@gmail.com
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