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$99,900
226033552 MLS
Rare opportunity to own a versatile three unit investment property with additional off street parking on a two parcel sale located at the corner of Lagonda and Farlow. Included in the sale is the additional parcel at 0 Farlow currently utilized for valuable off street parking. The property features three separate entrances allowing privacy and flexibility for each unit. The upper apartment offers 2 bedrooms and is currently leased to a long term tenant at $600 per month providing immediate income. A separate office style unit includes 1 office/bedroom, storage room, and half bath which previously was leased at $400 per month.. The spacious main level apartment currently functions as a large 1 bedroom unit but offers outstanding potential for reconfiguration into a 2 or possibly 3 bedroom unit, creating additional rental income potential estimated between $1,000 to $1,400 per month depending on improvements and layout. August of 2026, two brand new windows were installed in this unit (see photos) allowing plenty of natural light and easy for a buyer to split off the large space as they wish. Additional updates include replacement windows, siding, updated electric panels, and a complete tear off roof completed in 2004. Gas is currently serviced by one meter with owner paying gas, water, sewer, and trash. With existing rental income, additional parking parcel, flexible floor plans, and future upside potential, this property presents an excellent opportunity for an investor looking to increase cash flow and maximize long term value. Motivated seller is looking for an offer. Come take a peek today!! Easy to show.

1223 Lagonda Avenue, Springfield

Listing Courtesy of : Priscilla Lee McNamee ---- ROOST Real Estate Co.
$99,900
3 Beds ⋅ 1 Baths ⋅ 5231293 MLS
Excellent investment opportunity featuring a fully updated 3-bedroom, 1-bath home ready for its next investor. The property offers a functional layout, updated finishes, and strong rental appeal with recent improvements throughout. Conveniently located near schools, parks, shopping, dining, and major highways, this property is well-positioned for a buy-and-hold rental strategy or portfolio addition.

3531 E 112th Street, Cleveland

Listing Courtesy of: Darren T Mancuso, darren@mancusohomes.com With EXP Realty, LLC.

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