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713 N 4TH Street

Springfield, IL 62702
  • $139,900
  • STATUS: Active
  • ON SITE: 36 Days
  • ID#: CA1028443
Price Reduced
UPDATED: 194 min ago
$139,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Description

Conveniently located within walking distance to the medical district is where you will find this triplex with great cash flow. Main floor unit offers 1 bedroom, 1 bath, private laundry and currently rented on a month to month basis for $900 a month. Unit 2 is located on the 2nd floor and is a 2 bedroom, 1 bath and was previously rented for $900. Unit 3 is also on the 2nd floor and is a efficiency unit that previously rented for $750. Unit 2 and 3 share laundry. All these rents are under-rented and could easily bring more income monthly. Electric, gas, water, sewer and lawn maintenance is paid for by seller and runs an average $729 a month. Renter is responsible for trash. Roof and gutters new in 2015, several new windows in 2018. Home was rewired and plumbed in 2006. All units also have updated kitchens.

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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/149195966
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713 N 4TH Street Springfield, IL 62702

  • Price: $139,900
  • Status: Active
  • On Site: 36 Days
  • Updated: 194 min ago
  • ID#: CA1028443
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
None
County:
Sangamon
Area:
Springfield
High School:
Springfield District #186
Property Description
Conveniently located within walking distance to the medical district is where you will find this triplex with great cash flow. Main floor unit offers 1 bedroom, 1 bath, private laundry and currently rented on a month to month basis for $900 a month. Unit 2 is located on the 2nd floor and is a 2 bedroom, 1 bath and was previously rented for $900. Unit 3 is also on the 2nd floor and is a efficiency unit that previously rented for $750. Unit 2 and 3 share laundry. All these rents are under-rented and could easily bring more income monthly. Electric, gas, water, sewer and lawn maintenance is paid for by seller and runs an average $729 a month. Renter is responsible for trash. Roof and gutters new in 2015, several new windows in 2018. Home was rewired and plumbed in 2006. All units also have updated kitchens.
Exterior Features

Construction Materials Brick Parking Features Other Parking Total 4 Roof Shingle

Interior Features

Basement Unfinished Building Area Total 3348 Heating Heating Systems - 2+Forced AirWindow Unit(s) Laundry Features Common AreaPrivate Number Of Central Air Units 0 Number Of Dryers 2 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 2 Number Of Ranges 3 Number Of Washers 2 Number Of Water Heaters 2 Numberof Refrigerators 3

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 30600 Gross Scheduled Income 30600 Insurance Expense 1500 Lot Features Level Lot Size Dimensions 60 x 230 Manager On Site YN No Net Operating Income 25573 New Construction YN No Number Of Water Meters 1 Operating Expense 2229 Structure Type Two or More StoryTriplex Tax Annual Amount 2798 Tax Legal Description See tax records Tax Year 2022 Tenant Pays Trash Collection Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Jami Winchester of The Real Estate Group, Inc.: Mobl: 217-306-1000.
© 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