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All-Brick Springfield Rental – Cash Flow Now, Big Value-Add Potential Later

2 Beds / 1 Baths • 1,004 SqFt

Available

Offer Submission Deadline

House Type Single Family House
Bedrooms 2
Bathrooms 1
Year Built 1922
Approx.SqFt. 1004
Lot size SqFt. 1004
Garage No Garage

Description

Address: 1327 W Atlantic St, Springfield, MO 65803

Beds/Baths: 2 Bed | 1 Bath

Square Footage: Approx. 950 SqFt + Unfinished Basement

Current Rent: $800/month

Asking Price: $80,000

This all-brick single-family home is a strong performing rental located in a steady area of North Springfield. The property has been updated within the last 10–15 years and remains in good condition, requiring only minimal cosmetic work to reach its full potential.

Property Highlights:

Structurally sound, all-brick construction
Central air installed
Unfinished basement currently used for storage, providing a great opportunity to add square footage or an additional bedroom for increased value
Light cosmetic rehab only—paint and flooring throughout would modernize the interior
Roof will need replacement soon (reflected in pricing)
Reliable tenant in place, paying $800 per month
Low maintenance and excellent cash flow potential

This property is ideal for buy-and-hold investors seeking steady rental income with future upside. With light improvements and basement completion, ARV is estimated between $120,000–$130,000.

The W Atlantic corridor continues to see investor activity and rental demand, making this a prime opportunity to secure a solid, brick-built property in a stable neighborhood.

Offered at $80,000 – Cash or hard money only.

Steady rent. Minimal rehab. Strong upside potential.