Located in Springfield, is a significant multifamily property offering 16 units, each featuring three bedrooms and one bath. Built in the early 20th century, this brick building showcases classic architectural elements typical of century homes, with a solid, timeless exterior. Fourteen units have been fully renovated with modern kitchens, bathrooms, flooring, and fresh paint, reflecting recent upgrades that enhance tenant appeal. Generating over $30,000 monthly, the property is priced at $2,600,000 and includes three parcels, presenting a substantial investment opportunity with potential for full renovation of all units. Professionally managed, it ensures strong cash flow and long-term value in a competitive rental market.

Historic Twin Buildings Exterior

Two nearly identical three-story brick buildings stand side by side, separated by a narrow grass strip. Both constructions exhibit intricate brickwork detailing along the facade, with decorative brick patterns and subtle stone accents framing the windows and outlining the roofline. Each building features multiple evenly spaced windows on all floors, topped with flat roofs. Well-maintained sidewalks approach the front entrances, highlighted by modest grass patches bordered with low fencing. The surroundings include a small parking area on the left and mature leafless trees on the right, with a peaceful suburban neighborhood and a glimpse of water and hills in the distant background under a partly cloudy sky.

Neighborhood Aerial View

A panoramic aerial view overlooks a residential neighborhood with a mix of greenery and urban development alongside a river. The layout features orderly streets lined with houses, patches of open grassy land, and clusters of mature trees beginning to show spring foliage. Several multi-story brick buildings stand out amid single-family homes with varied roof styles. Beyond the neighborhood, a highway runs parallel to the river, connecting to a distant city skyline with high-rise buildings under a partly cloudy sky. The scene encapsulates a balance of nature and urban infrastructure in a historic American community.

Kitchen Corner

A compact kitchen corner with a modern, minimalist design. The walls and cabinetry are bright white, enhancing the clean and airy feel. A stainless steel refrigerator and a matching stove with a black cooktop are side by side, creating a sleek, functional cooking area. The countertops are a speckled granite pattern with a subtle mix of neutral tones. Light wooden flooring adds warmth and contrast. Simple black hardware on the cabinets provides a stylish accent. An open doorway to the right reveals built-in shelves, likely for pantry storage, maintaining the kitchen’s tidy look.

Kitchen Nook and Exit

Bright natural light floods this small kitchen area, highlighting white cabinetry with simple black hardware and granite countertops. Adjacent is an open pantry space with two sturdy wall shelves for storage. The space features light wood floors that contrast softly with the white walls and trim, enhancing the airy feel. A classic cast iron radiator sits beneath the large window, which offers a view of leafless trees and a rustic wooden porch outside. A white paneled door with a silver knob leads out, next to a red fire extinguisher mounted on the wall, adding practicality to the clean, functional design.

Kitchenette Area

Compact kitchenette with a clean, minimalist design, featuring white cabinetry with simple black handles. The upper cabinets and drawers provide storage space, while the granite countertop adds a touch of elegance and durability. A small stainless steel sink with a standard faucet is centered within the countertop. Light wood flooring contrasts gently with the white walls, maintaining a bright and airy feel. Open doorways on either side lead to adjacent rooms, and open shelving to the right offers extra storage, enhancing functionality while preserving an uncluttered appearance.

Closet Storage Shelves

Two white wall-mounted shelves supported by black metal brackets provide practical storage in a small, enclosed room. The walls and ceiling are painted crisp white, creating a clean and minimalistic backdrop. Light wood flooring adds warmth and contrasts subtly with the white walls and shelving. The simple, functional design emphasizes utility, while maintaining an uncluttered and fresh aesthetic. The space appears to be a pantry or small closet area aimed at maximizing vertical storage with an efficient yet visually light approach. The absence of decorative elements reinforces the purposeful, utilitarian use of the space.

Empty Bedroom Corner

Two evenly spaced windows with white trim allow natural light into the room, contrasting with the exposed brick walls visible outside. Pale wood flooring adds warmth to the otherwise minimalist space. The walls are smooth and painted a crisp, clean white, complemented by matching white baseboards that outline the perimeter. The ceiling is also white, hosting a simple flush-mounted light fixture. A visible electrical conduit and outlet are integrated into the wall design, blending modern utility into the historic architectural context. The overall aesthetic is fresh and contemporary yet respects the building’s original brick exterior.

Living Room Seating Area

Two cream-colored sofas with nailhead trim face each other across a glass coffee table with a gold metal frame, resting on a textured dark gray rug. The sofas are adorned with blue and patterned throw pillows, coordinating with the blue and white decorative vases on the table. Each sofa is paired with a round glass side table featuring gold geometric bases, topped with modern lamps emitting warm light. The walls are painted crisp white, with two large windows revealing brick exterior walls. A framed artwork with various shades of blue hangs centrally above one sofa, complementing the color scheme.

Empty Room with Kitchen View

The space has clean white walls and a light wood floor that adds warmth against the cool white paint. Two doorways lead to adjoining rooms, one revealing white cabinetry with black hardware and granite countertops suggestive of a kitchen area. The other doorway likely leads to another room or hallway, featuring simple white trim around the openings. A recessed nook with two dark shelves adds a small storage or display area. A silver metal radiator against one wall hints at the building’s older construction, blending vintage charm with minimalist modern finishes.

Empty Bedroom Corner

Neutral white walls and baseboards create a clean and bright atmosphere in this modest-sized bedroom. Light wood flooring adds warmth and natural texture, contrasting subtly with the cool white walls. A white door with classic paneling opens inward, revealing a glimpse into an adjacent room with similar flooring. Minimalist trim around the door and base completes the simple yet fresh aesthetic. A white radiator peeks on the right edge, hinting at the room’s cozy heating element. Electrical outlets and a light switch are subtly integrated into the walls, maintaining uncluttered openness.

Bathroom Interior

The bathroom combines simplicity with modern functionality, featuring a white bathtub surrounded by smooth, reflective wall panels that create a sleek, clean look. A gray vanity cabinet with two doors adds subtle contrast and practical storage beneath a white sink topped with a chrome faucet. Above the vanity hangs a rectangular mirror framed in black, accompanied by a three-light fixture providing ample illumination. The white toilet complements the clean aesthetic. Light wood flooring adds warmth, balancing the predominantly white and gray color palette, resulting in a fresh, minimalistic space suitable for a historic home update.

Empty Bedroom Corner

Two tall, vertically sliding sash windows with white trim allow natural light into the room, facing an exterior brick wall of a neighboring structure. The walls are painted a crisp white, complementing the light wood flooring which adds warmth to the space. A classic cast-iron radiator stands in the corner near the windows, reflecting vintage heating design. The simple white door with a metal knob blends seamlessly with the walls, and baseboards run along the perimeter, maintaining a clean, understated aesthetic. The room’s design balances historic elements with a fresh, minimalistic style.

Bright Corner Room

Three tall, white-framed windows align along the curved wall, bringing abundant natural light and offering a view of neighboring houses and trees outside. The walls and ceiling are painted crisp white, enhancing the room’s airy and clean atmosphere. Light wood flooring adds warmth and balance to the neutral palette. A vintage radiator stands by the corner window, hinting at the home’s historic roots. Electrical wiring runs discreetly along the walls, maintaining the room’s minimalist aesthetic while blending modern needs with old charm. The space is open, simple, and versatile for various uses.

Bedroom Corner and Decor

White walls and ceiling create a crisp, bright atmosphere enhanced by natural light flowing from three tall windows dressed with soft beige curtains. The bed has a light beige tufted headboard with white bedding accented by teal and seafoam green pillows. A geometric patterned blue area rug anchors the bed area. Nearby, a cozy armchair with wooden arms and a muted green cushion sits in front of one window, next to a tall green ceramic planter. A modern dresser with natural wood and deep green drawers lines the wall beneath a framed photograph of a misty forest. Soft, natural wood flooring ties the elements together seamlessly.

Empty Room with Hallway

The room has clean white walls and a natural light wood floor that adds warmth to the minimalist space. A single window framed in white trim reveals a view of an exterior brick wall, creating a rustic contrast. To the right, a vintage metal radiator sits below the window, hinting at historic architectural roots. The far wall opens into a long, narrow hallway with white doors and trim, illuminated by ceiling lights. The entire space feels bright, open, and fresh, blending modern simplicity with subtle classic details.

Basement Electrical Room

Exposed brick walls painted gray underline the industrial utility of this basement space, housing multiple electrical meter panels and conduit wiring neatly organized yet visibly complex. A wooden plank supports the electrical boxes mounted on the wall, while thick wiring snakes from panel to ceiling, emphasizing the infrastructural role rather than decor. The concrete floor shows wear and scattered debris, contributing to the raw, unfinished vibe. A large, white sliding door at the end reveals access to an adjacent room. Overhead, a fluorescent light fixture provides bright illumination against a black-painted ceiling, highlighting the space’s functional purpose.

Basement Utility Area

Exposed brick walls painted gray dominate the basement, imparting an industrial vibe. Electrical panels and multiple utility meters are mounted along one wall, with a dense cluster of tangled wires overhead. The ceiling is rough and unfinished, with visible piping and electrical conduits running across its surface. Fluorescent tube lighting fixtures provide stark illumination. The concrete floor reveals some signs of wear and dirt, with a bucket placed casually near the entrance. The adjoining room is similarly utilitarian, with a small window allowing minimal natural light through a perforated metal cover. Overall, the space is functional but unrefined.

Basement Boiler Room

Exposed brick walls painted gray suggest a utilitarian basement space primarily functioning as a boiler room. The floor is bare and unfinished, revealing a worn concrete surface that complements the industrial aesthetic. Multiple large boilers and a tall cylindrical water heater dominate the room, connected by a network of black iron pipes and copper tubing that stretch across the ceiling and walls. The space is filled with mechanical and electrical control devices, gauges, and wiring, emphasizing its role in the home’s heating system. The overall atmosphere is practical and stark, with a focus on function rather than comfort or decoration.

Basement Utility Area

Exposed brick walls painted in a faded light gray cover this basement corner, with an arched doorway leading into a darker space beyond. Visible pipes run along the ceiling, contributing to an industrial feel. Mounted on a plywood panel is a bright red StarLink wireless device alongside various utility boxes, cables, and conduits. The mixture of old brickwork and modern equipment highlights the blend of historic structural elements with contemporary technological updates. The lighting casts shadows that emphasize texture and depth, enhancing the utilitarian atmosphere of this lower-level mechanical or maintenance area.

Basement Utility Area

Gray-painted brick walls surround this basement utility space, providing an industrial and utilitarian atmosphere. The floor is a matching muted gray concrete, showing minor wear and cracks, complementing the cool-toned environment. Two large black metal tanks, likely oil or heating tanks, dominate the center, elevated on short metal legs with connected piping visible above. The ceiling is painted matte black, creating a stark contrast with the walls and a sense of depth, while overhead lighting casts a bright, focused glow. Exposed pipes and minimal decoration emphasize function over form in this area.

Listing Agent: Andrew Rodman of Lock and Key Realty Inc. via Zillow