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1001 S 1ST Street

Springfield, IL 62704
  • $329,900
  • STATUS: Active
  • ON SITE: 152 Days
  • ID#: CA1021965
UPDATED: 60 min ago
$329,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1976
County:
Area:

School Information

Description

Attention Investors! Apartment building featuring six units. Enjoy a prime central location close to all amenities in the heart of downtown Springfield - restaurants, shopping, Illinois State Capitol building, State office buildings and hospitals. All units are currently rented. Owner pays for water ($185/mo avg) and trash ($45/mo). Tenants pay for all other utilities. Current rent total is $3865/mo. Bundle option available with an additional 8 unit property located at 916 S. 8th Street. Showings are available to pre-approved buyers with 24 hour notice, Monday-Friday.

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© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-10-03T18:45:18.547.
www.kathygarst.com/homes/139169301
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1001 S 1ST Street Springfield, IL 62704

  • Price: $329,900
  • Status: Active
  • On Site: 152 Days
  • Updated: 60 min ago
  • ID#: CA1021965
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1976
Built
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Attention Investors! Apartment building featuring six units. Enjoy a prime central location close to all amenities in the heart of downtown Springfield - restaurants, shopping, Illinois State Capitol building, State office buildings and hospitals. All units are currently rented. Owner pays for water ($185/mo avg) and trash ($45/mo). Tenants pay for all other utilities. Current rent total is $3865/mo. Bundle option available with an additional 8 unit property located at 916 S. 8th Street. Showings are available to pre-approved buyers with 24 hour notice, Monday-Friday.
Exterior Features

Construction Materials Brick Parking Features AssignedGuest ParkingOversizedParking Pad Parking Total 0 Road Surface Type Paved Roof RubberShingle

Interior Features

Basement None Building Area Total 5520 Heating GasCentral AirGas Water Heater Interior Features Cable Available Number Of Central Air Units 6 Number Of Electric Meters 6 Number Of Gas Meters 6 Number Of Heating Units 6 Number Of Ranges 6 Number Of Water Heaters 6 Numberof Refrigerators 6

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 46380 Gross Scheduled Income 46380 Insurance Expense 0 Lease Term One Year Or Less Lot Features Corner LotLevel Lot Size Dimensions 0 Manager On Site YN No Net Operating Income 37577 New Construction YN No Number Of Water Meters 0 Operating Expense 2740 Repossessed No Structure Type Apartment Building Tax Annual Amount 6062.94 Tax Legal Description See Tax Records Tax Year 2022 Trash Expense 540 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic

Listing provided courtesy of Crystal Germeraad of Re/Max Professionals: Pref: 217-685-9575.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2023-10-03T18:45:18.547.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711