• Main Photo

305 N Van Buren Avenue
Springfield, MN 56087

$300,000

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Listing Details

  • $300,000
  • MLS# 7129280
  • Type Multi Unit - Multiple
  • Status Active
  • 2,400
    Square Feet
  • 0.351 acres
    Lot Size
  • 1970
    Year Built
  • Springfield
    Local Schools

Listed By

Agency Name: Kemp Real Estate
Agency Phone: 507-828-6696

Shown By

Agency Title: Town & Country Realty
Agency Phone: (701)293-3333

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Home Value Estimate


Description

Excellent investment opportunity in Springfield, Minnesota! This well-maintained four-unit apartment building offers a strong combination of current rental income, multiple unit configurations, garage space, and significant potential for increased revenue.The property features two one-bedroom apartments and two two-bedroom apartments, with all four units currently occupied, providing an established income stream from day one.A major advantage of this property is the four detached garage stalls. With thoughtful restructuring of the garage spaces and a review of how the garage and rental spaces are utilized, there is substantial upside potential...read more

Features

  • Heating: Baseboard, Boiler
  • Taxes: $3,010
  • Water: City Water/Connected
  • Year Built: 1970

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