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515 E Vine Street

Springfield, IL 62703
  • $165,000
  • STATUS: Active
  • ON SITE: 82 Days
  • ID#: CA1027613
$165,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Description

Welcome to this incredible triplex building conveniently located in Springfield. With three separate units, this property is perfect for adding to your investment portfolio. Each unit offers a comfortable and spacious floor plan, providing tenants with ample living space and modern amenities. The main level features a two-bedroom unit, complete with a full kitchen, comfortable living room, and full bathroom. On the upper level, you will find another two-bedroom unit, with equally spacious rooms and plenty of closet space. The main level houses the third unit, a one-bedroom apartment with it own full kitchen, living area and a full bathroom. This property presents an incredible opportunity for rental income and is also ideal for an owner-occupant who wishes to live in one unit and rent out the others for added income. The location of this property is also highly desirable making it an ideal location for tenants and a great asset for your investment portfolio. Don't miss out on this fantastic opportunity to acquire this triplex building property. Schedule your private tour today and envision yourself owning a great income-generating asset.

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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: 2024-05-23T23:45:03.483.
www.kathygarst.com/homes/148218180
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515 E Vine Street Springfield, IL 62703

  • Price: $165,000
  • Status: Active
  • On Site: 82 Days
  • ID#: CA1027613
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Welcome to this incredible triplex building conveniently located in Springfield. With three separate units, this property is perfect for adding to your investment portfolio. Each unit offers a comfortable and spacious floor plan, providing tenants with ample living space and modern amenities. The main level features a two-bedroom unit, complete with a full kitchen, comfortable living room, and full bathroom. On the upper level, you will find another two-bedroom unit, with equally spacious rooms and plenty of closet space. The main level houses the third unit, a one-bedroom apartment with it own full kitchen, living area and a full bathroom. This property presents an incredible opportunity for rental income and is also ideal for an owner-occupant who wishes to live in one unit and rent out the others for added income. The location of this property is also highly desirable making it an ideal location for tenants and a great asset for your investment portfolio. Don't miss out on this fantastic opportunity to acquire this triplex building property. Schedule your private tour today and envision yourself owning a great income-generating asset.
Exterior Features

Construction Materials BrickWood Siding Parking Features Oversized Parking Total 4 Road Surface Type Private Road Roof Slate

Interior Features

Basement Unfinished Building Area Total 3028 Heating BaseboardElectricElectric Water HeaterWindow Unit(s) Interior Features Storage Laundry Features OtherUnits Hook-Ups Number Of Central Air Units 0 Number Of Dishwashers 0 Number Of Dryers 3 Number Of Electric Meters 3 Number Of Gas Meters 0 Number Of Heating Units 3 Number Of Ranges 3 Number Of Washers 3 Number Of Water Heaters 3 Numberof Refrigerators 3

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 27984 Gross Scheduled Income 27984 Insurance Expense 0 Lot Features Level Lot Size Dimensions 70x40 Manager On Site YN No Net Operating Income 22013 New Construction YN No Number Of Water Meters 1 Number Of Window Units 3 Operating Expense 3780 Repossessed No Structure Type Triplex Tax Annual Amount 2191.3 Tax Legal Description ROLLS ADDN E 70' L 5 B 1 Tax Year 2022 Tenant Pays Electricity Trash Expense 2340 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Dustin Walker of Heritage Real Estate Group: .
© 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: 2024-05-23T23:45:03.483.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711