1701 Lexington Avenue, Springfield, OH 45505

• 4 beds |
• 3 baths |
• 6,468 sqft

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 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!

Listing Status:

Active

Date Added:

October 14, 2024

Data Last Updated:

April 1, 2026 at 7:18AM

Listing Office:

Real Estate II Inc. : (937) 390-3119

Listing Agent:

Alva L Fulk : (937) 360-6862

MLS ID:

921811

Interior

• General: Attic
• Appliances: DryerWasherGas Water Heater
• Basement: PartialUnfinished
• A/C: Central Air
• Heating: Forced AirNatural Gas

Exterior

• Parking: No Garage

Construction

• General: Aluminum Siding2

Location

• Originating MLS: DAYTON_DABR
• School District: Springfield
• County: Clark

Lot

• Zoning: MultipleBRAIN ALL 46933400700028222001

Utilities

• Utilities: Natural Gas AvailableSewer AvailableWater Available
• Water: Public

Financial

• Source: DAYTON_DABR