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$99,990

VALUE, LOCATION & OPPORTUNITY—this Springfield two-story checks all the right boxes! Whether you're looking for an affordable place to call home or your next income-producing investment, this centrally located property offers solid fundamentals and plenty of upside. With 1,344 square feet, a covered front porch, full basement, detached garage and a premium rental location, there's room here for both comfort and cash flow! Inside, the living room features brand-new carpeting, while the formal dining room provides space for gatherings beyond pizza on the couch. The kitchen includes a convenient walk-in pantry, and all three bedrooms are tucked away upstairs with quick access to a full bath. The big-ticket items have already received attention with improvements including a furnace, replacement windows, vinyl siding and water heater—giving buyers a solid head start. Centrally located with quick access to shopping, major interstates and everyday conveniences, this one delivers location without the luxury price tag. Correctly priced, packed with potential and ready for your best offer! Sold strictly AS-IS. Owner occupants, investors and opportunity seekers—bring your vision and see what this Springfield value has to offer! You'll be glad you did!

3 Beds ⋅ 1 Baths ⋅ 967761 MLS ⋅ Jeffrey T Roberts

826 N Belmont Avenue, Springfield

Courtesy of Jeffrey T Roberts and RE/MAX Alliance Realty

$99,900

Rare opportunity to own a versatile three unit investment property with additional off street parking on a two parcel sale located at the corner of Lagonda and Farlow. Included in the sale is the additional parcel at 0 Farlow currently utilized for valuable off street parking. The property features three separate entrances allowing privacy and flexibility for each unit. The upper apartment offers 2 bedrooms and is currently leased to a long term tenant at $600 per month providing immediate income. A separate office style unit includes 1 office/bedroom, storage room, and half bath which previously was leased at $400 per month.. The spacious main level apartment currently functions as a large 1 bedroom unit but offers outstanding potential for reconfiguration into a 2 or possibly 3 bedroom unit, creating additional rental income potential estimated between $1,000 to $1,400 per month depending on improvements and layout. August of 2026, two brand new windows were installed in this unit (see photos) allowing plenty of natural light and easy for a buyer to split off the large space as they wish. Additional updates include replacement windows, siding, updated electric panels, and a complete tear off roof completed in 2004. Gas is currently serviced by one meter with owner paying gas, water, sewer, and trash. With existing rental income, additional parking parcel, flexible floor plans, and future upside potential, this property presents an excellent opportunity for an investor looking to increase cash flow and maximize long term value. Motivated seller is looking for an offer. Come take a peek today!! Easy to show.

4 Beds ⋅ 3 Baths ⋅ 960000 MLS ⋅ Priscilla L McNamee

1223 Lagonda Avenue, Springfield

Courtesy of Priscilla L McNamee and Roost Real Estate Co