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401 S Butler Street

Lincoln, IL 62656
  • $340,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: CA1029808
UPDATED: 45 min ago
$340,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1977
County:
Area:

School Information

High School:

Description

Two side by side custom constructed duplexes on an 80X150 corner lot just steps from downtown, Lincoln Community High School, and the Lincoln Park District! Each unit boasts two bedrooms and 1.5 baths. Two tenants currently pay $700.00/month -- one tenant currently pays $800.00/month -- fourth tenant currently pays $850.00/month. Butler units have a two car detached garage -- Decatur units have an off-street parking slab. Various recent exterior updates including siding and quality windows. Great investment opportunity!

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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: 2024-07-18T11:45:25.293.
www.kathygarst.com/homes/151691558
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401 S Butler Street Lincoln, IL 62656

  • Price: $340,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 45 min ago
  • ID#: CA1029808
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1977
Built
Neighborhood:
None
County:
Logan
Area:
Lincoln
High School:
Lincoln
Property Description
Two side by side custom constructed duplexes on an 80X150 corner lot just steps from downtown, Lincoln Community High School, and the Lincoln Park District! Each unit boasts two bedrooms and 1.5 baths. Two tenants currently pay $700.00/month -- one tenant currently pays $800.00/month -- fourth tenant currently pays $850.00/month. Butler units have a two car detached garage -- Decatur units have an off-street parking slab. Various recent exterior updates including siding and quality windows. Great investment opportunity!
Exterior Features

Construction Materials BrickVinyl Siding Parking Features DetachedParking Pad Parking Total 2 Roof Shingle

Interior Features

Basement None Building Area Total 3942 Heating Forced AirGasCentral Air Laundry Features Units Hook-Ups Number Of Central Air Units 4 Number Of Electric Meters 4 Number Of Gas Meters 4 Number Of Heating Units 4 Number Of Ranges 4 Number Of Water Heaters 4 Numberof Refrigerators 4

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 0 Insurance Expense 0 Lot Features Corner LotLevel Lot Size Dimensions 80X150 Manager On Site YN No Net Operating Income -7053 New Construction YN No Number Of Water Meters 4 Operating Expense 0 Repossessed No Structure Type Two or More Story Tax Annual Amount 7052.92 Tax Legal Description 8-2286 lots 1 & 2 block 30 Latham & Gillett's Addn to Lincoln. Tax Year 2023 Tenant Pays Gas & ElectricWater Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Seth Goodman of ME Realty: .
© 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: 2024-07-18T11:45:25.293.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711