Description
This well-maintained multi-unit flex building in Springfield Township offers a fantastic investment opportunity! Located in a convenient and accessible area off Springfield & Vine, it features 4 units, with each unit boasting approximately 990 square feet of versatile space. 2 Units: Ideal for office, retail, or showroom use. 2 Units: Perfect for garage, warehouse, workshop, or contractor space. Each unit features a private bathroom PLUS gas, H20 & electric submetered for individual unit control & efficiency. Notable improvements: New roof installed '24 ($25,000 investment). Concrete driveway for easy access & parking. Updated wiring for modern business needs. Convenient access from both the street & rear. Perfect for small businesses, contractors, tradespeople, or artists. Strong Income Potential: All units are currently rented, generating annual rental income over $37,000. Expect a double-digit cap rate on this investment. Back on market due to the buyer's insufficient cash funds.
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0BEDS
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0.12ACRES
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4BATHS
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01/2 BATHS
School Ratings & Info
Description
This well-maintained multi-unit flex building in Springfield Township offers a fantastic investment opportunity! Located in a convenient and accessible area off Springfield & Vine, it features 4 units, with each unit boasting approximately 990 square feet of versatile space. 2 Units: Ideal for office, retail, or showroom use. 2 Units: Perfect for garage, warehouse, workshop, or contractor space. Each unit features a private bathroom PLUS gas, H20 & electric submetered for individual unit control & efficiency. Notable improvements: New roof installed '24 ($25,000 investment). Concrete driveway for easy access & parking. Updated wiring for modern business needs. Convenient access from both the street & rear. Perfect for small businesses, contractors, tradespeople, or artists. Strong Income Potential: All units are currently rented, generating annual rental income over $37,000. Expect a double-digit cap rate on this investment. Back on market due to the buyer's insufficient cash funds.
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Data last updated 2025-07-16T21:14:05.697.