1701 Lexington Avenue, Springfield, OH 45505
1701 Lexington Avenue, Springfield, OH 45505
1701 Lexington Avenue, Springfield, OH 45505
1701 Lexington Avenue, Springfield, OH 45505
1701 Lexington Avenue, Springfield, OH 45505
1701 Lexington Avenue, Springfield, OH 45505
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Trent Barga

Trent Barga

+1(937) 203-6111
$ 690,000
Est. payment | /mo

4 Beds

3 Baths

6,468 SqFt

Save
$ 690,000
Est. payment | /mo
Save

4 Beds

3 Baths

6,468 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 6,468 sqft

Price per Sqft $106

MLS Listing ID 921811

Bedrooms 4

Full Baths 3

Year Built 1891

Annual Tax Amount $3,312

Lot Size 7,501 Sqft

Lot Dimensions 50x150

Property Sub-Type 2-4 Units

Property Description

This newly renovated & re-imagined duplex in the heart of the Brain All subdivision is a prime opportunity for the next business-minded buyer! Located in an area known for its rich entrepreneurial heritage, this corner property has been transformed into a Self-Care Beauty Multi-Plex, offering a perfect blend of modern convenience & historic charm. This unique business complex is a HUGE money maker with weekly cash-flow! *Weekly Cash Flow: 4 Fridays-$5637 or 5 Fridays-$6425 (Current rates with 1 suite vacancy) The main level features 9 fully equipped salon suites, complete w/ shampoo bowls, stylish suits & ample lighting. Designed w/ contemporary hard surface flooring, white trim, & sleek doors, the interior creates a fresh, professional atmosphere. All suites are rented on a weekly basis, w/ just one currently available for a new tenant. The average suite size is 9x11 with 2 larger suites measuring 11x11.This level also offers 2 handicap accessible bathrooms plus a BIG entry waiting space. There's even an office suite; 11x11 w/ a private entry. For added convenience, a 9x10 community laundry/washroom is available for suite owners, making daily operations smooth & hassle-free. The property boasts a low 5% vacancy rate, proving its strong rental history. *Upper Level Income: Monthly=$2050 On the upper level (with outside entry) houses 3 fully rented apartments. 1 unit offers 2 bedrooms, 1 bath, kitchen & living room. These units have new cabinetry, hard surface flooring and same neutral interior paint.The stairway leads to the common area used for communal laundry facilities. These apartments are a great source of additional steady income. There is off street parking available behind building. Graveled lot. Back door exit accessible. Significant improvements including: new flooring in all units, updated plumbing, New flat roof. New HVAC system ensuring that this property is in move-in condition; turn-key business operation & equipped for the future!

Location

State OH

County Clark

Zoning Multiple

Rooms

Basement Partial, Unfinished

Interior

Interior Features Attic, Gas Water Heater

Heating Forced Air, Natural Gas

Cooling Central

Exterior

Parking Features None

Utilities Available Public Water, Natural Gas, Sanitary Sewer

Building

Structure Type Aluminum

Schools

School District Springfield

Dayton MLS (DTON)
Listed by Real Estate II Inc.

Nearby Locations

Trent Barga

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(937) 203-6111

trent@thebargateam.com

17 W Linden Ave, Miamisburg, OH 45342, USA

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1701 Lexington Avenue