Exciting Investment Opportunity! Three charming bungalows, nestled side by side, each boasting one bedroom and one bathroom, conveniently located just minutes away from our local colleges and the vibrant heart of Downtown Springfield. These three residences, situated at 1701, 1705 & 1709 E Chestnut St, are currently occupied by tenants, generating a combined monthly income of $2,020. All three properties feature brand new roofs, removed chimneys, 1701 has a new high-efficiency furnace 1705 and 1709 have brand new mini-split heating and cooling systems!At 1701, a loyal tenant of two years is currently paying $600 per month. At 1705, a new lease beginning in July 2024 includes a rent increase to $600 per month. 1709 stands out, having undergone a full remodel, boasting brand-new luxury vinyl plank flooring, fresh interiors with new doors, trim, lighting, blinds, bathroom vanity, faucet, and a new window A/C unit. The tenant at 1709 currently pays $820 per month. These properties are professionally managed, ensuring seamless operations for investors who desire hassle-free management. Don't miss out on this prime investment! Properties are sold AS-IS, with the seller making no repairs.
231 days
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209
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Zillow last checked:
Listing updated:
Listed by:
Brea Hunter417-350-4161,
Murney Associates - Primrose
Source: SOMOMLS as distributed by MLS GRID,MLS#: 60312414
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 1
Heating
Central
Cooling
Central Air, Ceiling Fan(s), Window Unit(s)
Appliances
Laundry: Washer/Dryer Hookup
Property
Parking
Parking features: 1 per Unit
Lot
Size: 9,583 Square Feet
Dimensions: 120 x 81
Details
Additional structures: Three Buildings
Parcel number: 881218411059
Zoning: R-TH
Construction
Type & style
Home type: MultiFamily
Property subtype: Duplex
Materials
Brick, Vinyl Siding
Roof: Composition
Condition
Year built: 1944
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Subdivision: Hayden's
Location
Region: Springfield
Financial & listing details
Annual tax amount: $991
Date on market: 12/31/2025
Listing terms: Cash,Conventional
Lease term: Negotiable
Total actual rent: 2020
Road surface type: Asphalt
Estimated market value
Zestimate®
$216,700
Estimated sales range
$206,000 - $228,000
Rent Zestimate®
$1,026/mo
Price history
Date
Event
Price
12/31/2025
Price change
$219,9000%
Source: SOMOMLS as distributed by MLS GRID #60312414Report a problem
6/13/2024
Listed for sale
$220,000+10%
Source: SOMOMLS as distributed by MLS GRID #60270753Report a problem
Source: SOMOMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.