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128 N Walnut Street , 126 N Walnut

Springfield, IL 62702
  • $669,000
  • STATUS: Active
  • ON SITE: 110 Days
  • ID#: CA1013774
Price Reduced
UPDATED: 53 min ago
$669,000
  • 0
    BEDS
  • 0.29
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1971
County:
Area:

School Information

Description

Rare Investment Opportunity! Brand New Roof 2022! All Brick - 12 Units - 2 Buildings - Six (6) - 1 bedrooms units - Six (6) 2 bedrooms units-Close to downtown and State Office building. Some units have New kitchen cabinets bath vanities and Luxury vinyl flooring. All units have central air, separate water heaters and furnaces. Paved off street parking. sidewalks, landscaping. Maintenance expense estimated, taxes actual. Currently 10 units are rented. Five (5) apartments are rented through the Section 8 program. The units have very nice room sizes and nice layouts. Based upon Cash Flow this is a Million Dollar property! Broker Owned -

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© 2022 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: 2022-08-09T20:45:17.657.
www.kathygarst.com/homes/127898082
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128 N Walnut Street , 126 N Walnut Springfield, IL 62702

  • Price: $669,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 53 min ago
  • ID#: CA1013774
0
Beds
0
Baths
0
½ Baths
0.29
Acres
1971
Built
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Rare Investment Opportunity! Brand New Roof 2022! All Brick - 12 Units - 2 Buildings - Six (6) - 1 bedrooms units - Six (6) 2 bedrooms units-Close to downtown and State Office building. Some units have New kitchen cabinets bath vanities and Luxury vinyl flooring. All units have central air, separate water heaters and furnaces. Paved off street parking. sidewalks, landscaping. Maintenance expense estimated, taxes actual. Currently 10 units are rented. Five (5) apartments are rented through the Section 8 program. The units have very nice room sizes and nice layouts. Based upon Cash Flow this is a Million Dollar property! Broker Owned -
Exterior Features

Construction Materials Brick Parking Features Other Parking Total 12 Roof Shingle

Interior Features

Basement None Building Area Total 10962 Heating Forced Air Number Of Central Air Units 12 Number Of Dishwashers 0 Number Of Dryers 0 Number Of Electric Meters 13 Number Of Gas Meters 12 Number Of Heating Units 12 Number Of Ranges 12 Number Of Washers 0 Number Of Water Heaters 12 Numberof Refrigerators 12

Property Features

100 Year Plain Unknown Agent Owned Yes Disclosed Short Sale N Gross Income 104376 Gross Scheduled Income 104376 Insurance Expense 0 Lot Features Other Lot Size Dimensions 80X157 Manager On Site YN No Net Operating Income 97680 New Construction YN No Number Of Water Meters 1 Number Of Window Units 0 Operating Expense 6696 Structure Type Apartment Building Tax Annual Amount 9380 Tax Legal Description N 20' L 6 All L 7&S 20' L 8 Cowgills Addn Tax Year 2021 Trash Expense 1116 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic Zoning R-3(B)

Listing provided courtesy of Thomas Minor of Real Estate Service Consult.
© 2022 RMLS Alliance, LLC. All Rights Reserved.


© 2022 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: 2022-08-09T20:45:17.657.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711