1701 Lexington Avenue, Springfield, OH 45505
Local realty services provided by:CENTURY 21 The Gene Group
Listed by: alva fulk, lori fulk
Office: real estate ii, inc.
MLS#:1034977
Source:OH_WRIST
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 #:1034977
- Added:427 day(s) ago
- Updated:November 15, 2025 at 07:07 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Living area:6,468 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1891
- Building area:6,468 sq. ft.
Utilities
- Water:Supplied Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$690,000
- Price per sq. ft.:$106.68
- Tax amount:$3,312 (2023)
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