$724,900
RARE 15.98-ACRE INCOME-PRODUCING PROPERTY WITH 4 RESIDENTIAL STRUCTURES, 3 BARNS/OUTBUILDINGS & SIGNIFICANT UPSIDE! Opportunities like this are hard to find! Situated on approximately 15.98 acres along Claybrooke Ln in Springfield, this unique property combines a primary brick residence, multiple rental dwellings, established rental income, additional income potential, and ample acreage. The main home is a 3-bedroom, 2-bath brick residence featuring walk-out unfinished basement, full bathroom in the basement, and a wood-burning fireplace. The property also includes three additional residential structures, creating exceptional flexibility for investors, multi-generational living, or an owner-occupant looking to generate rental income. The second residence is a 2-bedroom, 2-full-bath trailer with a versatile flex space that could serve as an office, craft room, or additional living space. It is currently vacant and available for rent, with approximately $1,200/month in additional rental potential. The third residence is another 2-bedroom, 2-bath trailer, currently rented for $1,200/month. The fourth structure offers a kitchen, full bathroom, and two potential bedrooms, and is currently rented for $825/month. The existing rental income is currently $3,225/month, or approximately $38,700 annually, with the vacant 2-bedroom/2-bath residence offering the potential to increase gross rental income to approximately $4,425/month, or $53,100 annually, when fully occupied. Adding even more versatility to the property are three barns/outbuildings, providing valuable storage, workspace, agricultural, hobby, or other potential uses. This property offers an uncommon combination of nearly 16 acres, multiple residential structures, existing cash flow, additional rental upside, a substantial primary residence, and multiple barns/outbuildings. Investors can capitalize on the existing rental income and potential for increased cash flow, while families and multi-generational buyers can take advantage of the multiple living spaces and acreage. Live in the main home, generate rental income from the additional residences, or explore the many possibilities this unique property presents. With four residential structures and nearly 16 acres, this is a property that offers flexibility, income, and opportunity rarely found in one package. Bring your vision and take advantage of this exceptional investment opportunity!
3
Beds
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2
Baths
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1731130
MLS
722 Claybrooke Ln, Springfield