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1125 S Spring Street

Springfield, IL 62704
  • $224,900
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: CA1029308
$224,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Description

INVESTMENT OPPORTUNITY: Updated Triplex with Solid Cash Flow! An exceptional investment property located in Springfield, this triplex offers three one-bedroom, one-bathroom units. Each unit has undergone extensive updates from 2023 to 2024, ensuring modern amenities and increases rental appeal. Unit A: Currently rented at $850/month Unit B: Currently rented at $850/month Unit C: Currently rented at $1050/month All tenants are reliable cash tenants, providing a stable income stream. Showings require 24-hour notice.

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© 2024 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: 2024-06-15T23:45:13.94.
www.kathygarst.com/homes/150775210
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1125 S Spring Street Springfield, IL 62704

  • Price: $224,900
  • Status: Active
  • On Site: 25 Days
  • ID#: CA1029308
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
INVESTMENT OPPORTUNITY: Updated Triplex with Solid Cash Flow! An exceptional investment property located in Springfield, this triplex offers three one-bedroom, one-bathroom units. Each unit has undergone extensive updates from 2023 to 2024, ensuring modern amenities and increases rental appeal. Unit A: Currently rented at $850/month Unit B: Currently rented at $850/month Unit C: Currently rented at $1050/month All tenants are reliable cash tenants, providing a stable income stream. Showings require 24-hour notice.
Exterior Features

Construction Materials Vinyl Siding Parking Features Other Parking Total 6 Roof Shingle

Interior Features

Basement Unfinished Building Area Total 950 Heating GasCentral Air Number Of Central Air Units 0 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 0 Number Of Water Heaters 1

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 33000 Gross Scheduled Income 33000 Insurance Expense 966 Lot Features Level Lot Size Dimensions 130x40 Manager On Site YN No Net Operating Income 24310 New Construction YN No Number Of Water Meters 1 Operating Expense 5982 Repossessed No Structure Type Two or More Story Tax Annual Amount 2708.04 Tax Legal Description L 2 B 3 John E. Rolls 2nd Addn Tax Year 2023 Trash Expense 576 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic

Listing provided courtesy of Daniel Nika of The Real Estate Group, Inc.: Pref: 217-971-3383.
© 2024 RMLS Alliance, LLC. All Rights Reserved.


© 2024 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: 2024-06-15T23:45:13.94.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711