1701 Lexington Avenue, Springfield, OH 45505
Local realty services provided by:ERA Petkus Weiss
1701 Lexington Avenue,Springfield, OH 45505
$690,000
- 4 Beds
- 3 Baths
- 6,468 sq. ft.
- Multi-family
- Active
Listed by: alva l fulk(937) 390-3119
Office: real estate ii inc.
MLS#:921811
Source:OH_DABR
Price summary
- Price:$690,000
- Price per sq. ft.:$106.68
About this home
This newly renovated & re-imagined duplex in the heart of the Brain All subdivision is a prime opportunity for the next business-minded buyer! Located in an area known for its rich entrepreneurial heritage, this corner property has been transformed into a Self-Care Beauty Multi-Plex, offering a perfect blend of modern convenience & historic charm. This unique business complex is a HUGE money maker with weekly cash-flow! *Weekly Cash Flow: 4 Fridays-$5637 or 5 Fridays-$6425 (Current rates with 1 suite vacancy) The main level features 9 fully equipped salon suites, complete w/ shampoo bowls, stylish suits & ample lighting. Designed w/ contemporary hard surface flooring, white trim, & sleek doors, the interior creates a fresh, professional atmosphere. All suites are rented on a weekly basis, w/ just one currently available for a new tenant. The average suite size is 9x11 with 2 larger suites measuring 11x11.This level also offers 2 handicap accessible bathrooms plus a BIG entry waiting space. There's even an office suite; 11x11 w/ a private entry. For added convenience, a 9x10 community laundry/washroom is available for suite owners, making daily operations smooth & hassle-free. The property boasts a low 5% vacancy rate, proving its strong rental history. *Upper Level Income: Monthly=$2050 On the upper level (with outside entry) houses 3 fully rented apartments. 1 unit offers 2 bedrooms, 1 bath, kitchen & living room. These units have new cabinetry, hard surface flooring and same neutral interior paint.The stairway leads to the common area used for communal laundry facilities. These apartments are a great source of additional steady income. There is off street parking available behind building. Graveled lot. Back door exit accessible. Significant improvements including: new flooring in all units, updated plumbing, New flat roof. New HVAC system ensuring that this property is in move-in condition; turn-key business operation & equipped for the future!...
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Home facts
- Year built:1891
- Listing ID #:921811
- Added:1 day(s) ago
- Updated:March 16, 2026 at 06:09 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Basement:Yes
- Basement Description:Partial, Unfinished
- Living area:6,468 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:1891
- Building area:6,468 sq. ft.
- Lot area:0.17 Acres
Finances and disclosures
- Price:$690,000
- Price per sq. ft.:$106.68
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Attic
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