27-unit Springfield Multifamily Opportunity

The property sits only a few blocks away from downtown Springfield and is within walking distance to the Governor's Mansion and Capitol Building.Located in the heart of Downtown Springfield, this three-building multifamily portfolio is positioned for strong rent growth and long-term appreciation. The property includes 6 units in Building 606, 6 units in Building 610, and 15 units in Building 614. Many unit renovations have already been started or are close to being finished, offering a head start for the next owner. Two units are currently gutted and ready for a full remodel. This is an ideal opportunity for an experienced investor or developer looking for a value-add multifamily project with great upside potential. Based on comparable properties and management data in the area, renovated units could achieve rents between $750 and $900 per month. This portfolio is being offered as-is. Bring your vision and unlock the potential this property has to offer!