Skip To Content

619 S Walnut Street

Springfield, IL 62704
  • $640,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: CA1032150
UPDATED: 27 min ago
$640,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1940
County:
Area:

School Information

Description

Investor ALERT!! This 12 unit complex has seen substantial updates to many of the units, but there is still time to put your personal touch on it! 11 Two bedroom units, and 1 One bedroom unit make up this centrally located mature Charmer. Currently just three units vacant, yet they are in the process of cleanup before placing the next lucky tenant. Most units have seen upgrades, some with full kitchen replacements, bathrooms replacements, Luxury Vinyl Plank span most of the units, and you will find updated fixtures spread throughout as well. The Full, unfinished basement offers a great opportunity to produce additional monthly income after the revitalization an existing laundry room, or even with the addition of private tenant storage! This property has a great amount of value to be added and offers the potential to produce thousands of dollars more each month. Don't miss your chance to build additional equity!

Monthly Payment Calculator



© 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: 2024-10-07T12:45:03.653.
www.kathygarst.com/homes/155908398
Print Image

619 S Walnut Street Springfield, IL 62704

  • Price: $640,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 27 min ago
  • ID#: CA1032150
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1940
Built
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Investor ALERT!! This 12 unit complex has seen substantial updates to many of the units, but there is still time to put your personal touch on it! 11 Two bedroom units, and 1 One bedroom unit make up this centrally located mature Charmer. Currently just three units vacant, yet they are in the process of cleanup before placing the next lucky tenant. Most units have seen upgrades, some with full kitchen replacements, bathrooms replacements, Luxury Vinyl Plank span most of the units, and you will find updated fixtures spread throughout as well. The Full, unfinished basement offers a great opportunity to produce additional monthly income after the revitalization an existing laundry room, or even with the addition of private tenant storage! This property has a great amount of value to be added and offers the potential to produce thousands of dollars more each month. Don't miss your chance to build additional equity!
Exterior Features

Construction Materials Brick PartialVinyl Siding Parking Features Parking Pad Parking Total 12 Road Surface Type AlleyCurbs & GuttersPaved Roof Shingle

Interior Features

Basement FullUnfinished Building Area Total 9747 Heating ElectricForced AirGasCentral AirGas Water Heater Interior Features Cable Available Laundry Features Common Area Number Of Central Air Units 12 Number Of Dishwashers 12 Number Of Dryers 0 Number Of Electric Meters 13 Number Of Gas Meters 13 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 No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 60000 Gross Scheduled Income 60000 Insurance Expense 2443 Lease Term Variable Lot Features Level Lot Size Dimensions 50x200 Manager On Site YN No Net Operating Income 16245 New Construction YN No Number Of Water Meters 1 Number Of Window Units 0 Operating Expense 32043 Repossessed No Structure Type Apartment Building Tax Annual Amount 11711.82 Tax Legal Description L 5 MRS. HENKLES ADDN Tax Year 2023 Tenant Pays Gas & Electric Trash Expense 2400 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Joshua Kruse of The Real Estate Group, Inc.: Offc: 217-787-7000.
© 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: 2024-10-07T12:45:03.653.
 
https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1032150-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1032150-1.jpg https://bt-photos.global.ssl.fastly.net/peoria/1280_boomver_1_CA1032150-1.jpg
Logo
Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711