Flats On Fifth is a 19-unit multifamily asset in the heart of Springfield offering 19 renovated 1 bed 1 bath units across 2 levels & approx. 14,000 SF, all positioned next to major demand drivers including Springfield Clinic Main Campus. Units were updated in 2022–2023 with flooring, paint, cabinets/counters as needed & appliances as needed, plus most HVAC has been refurbished or replaced in the last 18 months. Owner is currently replacing the entire roof on the north building. Value-add remains with an approx. 800 SF office space that’s currently vacant, includes 2 bathrooms & can be renovated & leased for additional income. Central, commuter-friendly location surrounded by well-kept commercial properties supports strong tenant demand including mid-term stays like traveling nurses & students.