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!
Active
$690,000
1701 Lexington Ave, Springfield, OH 45505
4beds
6,468sqft
Est.:
Business, Multi Family
Built in 1891
-- sqft lot
$671,600 Zestimate®
$107/sqft
$-- HOA
What's special
Corner propertyContemporary hard surface flooringOff street parkingFully equipped salon suitesFully rented apartmentsHandicap accessible bathroomsSleek doors
- 196 days
- on Zillow |
- 150 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 04, 2025 at 05:28am
Listed by:
Alva Fulk 937-360-6862,
Real Estate II, Inc.,
Lori Fulk 937-360-3053,
Real Estate II, Inc.
Source: WRIST,MLS#: 1034977

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Washer, Gas Water Heater
Features
- Bath 1st Floor
- Windows: Partial Window Coverings
- Basement: Partial,Unfinished
- Attic: Attic
- Has fireplace: No
Interior area
- Total structure area: 6,468
- Total interior livable area: 6,468 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 7,500 Square Feet
- Dimensions: 50 x 150
- Features: Residential Lot
Details
- Parcel number: 340070002822200100
- Zoning description: Commercial,Multiple
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Classic
- Property subtype: Business, Multi Family
Materials
- Aluminum Siding
- Foundation: Cellar
Condition
- Year built: 1891
Utilities & green energy
- Sewer: Public Sewer
- Water: Supplied Water
- Utilities for property: Natural Gas Connected, Sewer Connected
Community & HOA
Community
- Subdivision: Brain All
HOA
- Has HOA: No
Location
- Region: Springfield
Financial & listing details
- Price per square foot: $107/sqft
- Annual tax amount: $3,312
- Date on market: 10/12/2024
- Listing terms: Cash,Conventional
- Ownership: Non-Occupant
- Total actual rent: 7687
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