Property Description

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 9×11 with 2 larger suites measuring 11×11.This level also offers 2 handicap accessible bathrooms plus a BIG entry waiting space. There’s even an office suite; 11×11 w/ a private entry. For added convenience, a 9×10 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!

Features
: Forced Air, Natural Gas
: Central Air
: Partial, Unfinished
: Dryer, Washer, Gas Water Heater
: Aluminum Siding
: Attic, Partial Window Coverings
: Cellar
: No Garage
: Bath 1st Floor
: Sewer Connected, Natural Gas Connected
Address Map
Lexington
1701
Avenue
W84° 12' 57.2''
N39° 55' 2.4''
Corner of Lexington & Ludlow
Additional Information
Real Estate II, Inc.
Alva Fulk
013 S OF MAIN / E OF LIMESTONE
Classic
2023
50x150
$107
$1,656
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FULKBOTH108
[email protected]
(937) 360-6862 ext. 9373606862
(937) 390-3119
(937) 390-3119
FULKLOR108
Lori Fulk
WRIST Inc.
20190909195155524696000000
Listing information © 2025 WRIST Inc.
Listing provided by Alva Fulk of Real Estate II, Inc. : (937) 360-6862 ext. 9373606862.

1701 Lexington Avenue, Springfield, Ohio 45505

1701 Lexington Avenue, Springfield, Ohio 45505

4 Bedrooms
3 Bathrooms
6,468 Sqft
Visits : 75 in 112 days
$690,000
Listing ID #1034977
Basic Details
Status : Active
Property Type : Multi Family
Listing Type : For Sale
Listing ID : 1034977
Price : $690,000
Bedrooms : 4
Baths Total : 3
Bathrooms : 3
Square Footage : 6,468 Sqft
Year Built : 1891
Country : US
State : OH
County : Clark
City : Springfield
Zipcode : 45505
Subdivision Location : Brain All
School District : 1206 Springfield Csd
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