Fantastic Opportunity to own (2) VERY Attractive 4-plex's that sit on the NW corner of Outer Park & 1st St. There's CARPORT parking for (8). Both buildings have full basements w/laundry hook ups & storage stalls for each unit. Unit's are approx 900sf w/2bed, 1 Bth, Liv Rm & Eat-in kit. Elec/Gas expenses are for common area & laundry. Coin laundry has been $600-800/yr (currently $0, but about to be implemented again). GOI projected @ $650/unit (although current avg is $652) & Additional Annual# represents 10% vacancy. New roofs in 2006, newer electric & some new mechanical's. As Is Insp Welcome
Off market
$609,000
Outer Park & 1st St, Springfield, IL 62704
--beds
7,200sqft
MultiFamily
Built in ----
-- sqft lot
$609,000 Zestimate®
$85/sqft
$1,291 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 8
- Full bathrooms: 8
Heating
- Forced air, Gas
Cooling
- Central
Interior area
- Total interior livable area: 7,200 sqft
Construction
Type & style
- Home type: MultiFamily
Utilities & green energy
- Sewer: City
- Utilities for property: Cilco, Cwlp
Community & neighborhood
Location
- Region: Springfield
Other
Other facts
- Construction: Brick, Vinyl
- Photo File Description: Broker Submit
- Address City: Springfield
- Address County: Sangamon
- Area / Zone Code: Springfield
- School District: Springfield District # 186
- Sewer: City
- Utilities: Cilco, Cwlp
- Water: City
- Foundation: Concrete, Poured
- PropertyFeatures: Carpet, Common Entrance, Walk-In Closets, Storm Doors, Storm Windows, Coin Laundry
- ParkingDesc: Assigned, Covered
- Building Type: 5-8apt
Services availability

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