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About This Home
This 4-bedroom, 3-bathroom residential multi family at 1701 Lexington Avenue in Springfield, OH is listed for $690,000 ($107 per sqft). Built in 1891, the home offers 6,468 sqft of living space on a N/A lot.
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!
Key Features
- Built in 1891
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$3,690/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1701 Lexington Avenue
Springfield, OH 45505
Brain All
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 1701 Lexington Avenue is listed at $690,000 ($107/sqft). The estimated monthly payment is $2,990 based on 20% down at 6.5% interest.
Key features include: Built in 1891, 2 stories. Interior Features: Attic.
This property is listed by Alva Fulk and can be reached at 9373903119 or fulkboth@hotmail.com.

































