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1251 N 2ND Street

Springfield, IL 62702
  • $115,000
  • STATUS: Active
  • ON SITE: 25 Days
  • ID#: CA1029306
$115,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Description

Unique Investment Opportunity! This property features two separate homes on one parcel, making it a fantastic investment opportunity. Home 1: A two-bedroom, one-bathroom currently rented to a cash tenant for $850/month. Home 2: A one-bedroom, one-bathroom house, completely remodeled in late 2023, rented through Section 8 for $773/month. Both homes offer a great return on investment with stable tenants in place. 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/150775207
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1251 N 2ND Street Springfield, IL 62702

  • Price: $115,000
  • Status: Active
  • On Site: 25 Days
  • ID#: CA1029306
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Unique Investment Opportunity! This property features two separate homes on one parcel, making it a fantastic investment opportunity. Home 1: A two-bedroom, one-bathroom currently rented to a cash tenant for $850/month. Home 2: A one-bedroom, one-bathroom house, completely remodeled in late 2023, rented through Section 8 for $773/month. Both homes offer a great return on investment with stable tenants in place. Showings require 24-hour notice.
Exterior Features

Construction Materials Vinyl Siding Parking Features Other Parking Total 4 Roof Shingle

Interior Features

Basement Unfinished Building Area Total 1340 Heating ElectricGasOther Number Of Central Air Units 1 Number Of Electric Meters 2 Number Of Gas Meters 1 Number Of Heating Units 2 Number Of Ranges 2 Number Of Water Heaters 2 Numberof Refrigerators 2

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 0 Insurance Expense 264 Lot Features Level Lot Size Dimensions 87x40 Manager On Site YN No Net Operating Income -2766 New Construction YN No Number Of Water Meters 1 Operating Expense 1355 Repossessed No Structure Type One Story Tax Annual Amount 1411.26 Tax Legal Description E87' N40' S66' W 174.5' L7 Ruben Keazers Sub Pt W Pt Sw 22-16-5 Tax Year 2022 Trash Expense 432 Type Residential Income 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