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Listing Details

1003 8Th Springfield, IL 62703
$139,900
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Fantastic location by Springfield Clinic. Zoned Office and Multi-Family. Clean and well maintained, this 3 unit historic building has had many updates and features all original refinished hardwood floors, doors, and moldings, yet has a modern look with large, light-filled open units. Upstairs tenant pays $500 plus electric, and downstairs tenant pays $525. Downstairs tenant is month-to-month, upstairs tenant has lease until Aug. 1, 2020. Additional third space is also available. Laundry hook-ups in basement. Wonderful income property with commercial possibilities.

Square Feet: Bedrooms: 3

Listing

Listing Price:139900
Address Direction:S
List Date:2019-07-30
MLS #:Ca1139
Year Built:1900
Zoning:Off
Legal Description:E 88.8' N 1/2 L 15 & E 88.8' L 16 B 11 E Iles 2Nd Addn

Location

Address Number:1003
Address Street:8Th
City:Springfield
State:Il
Zip:62703
Address:1003 S 8Th
County:Sangamon
Street Type:Street
Elementary School:Graham
Middle School:Grant/Lincoln
High School:Springfield
Subdivision:Iles

Income

Sale/Rent:For Sale
U1 $ Rent:525
U2 $ Rent:595
Gross Annual Rent Income:13440
Gross Annual Income:13440
Net Operating Income:7968
LEASE INFORMATION:Month-To-Month
TENANT PAYS:Electric Only

Dwelling

Total # Units:3
Total # Water Heaters:2
Total # Heating Units:1
Total SQFT:2400
U1 Bedrooms:1
U1 Full Baths:1
U2 Bedrooms:2
U2 Full Baths:1
U3 Full Baths:1
U1 Fireplace (Y/N):N
U2 Fireplace (Y/N):N
U3 Fireplace (Y/N):N
GARAGE/PARKING:On-Street Parking
BASEMENT:Crawl Space,Partial,Brick
HEATING/COOLING:Electric,Gas,Hot Water,Window Units
WATER/SEWER:Public Sewer,Public Water
LAUNDRY FACILITIES:Other Laundry Facilities

Taxes / Expenses

Parcel ID#/Tax ID:14340339011
Insurance Expense:800
Maintenance Expense:1000
Electric Expense:900
Gas Expense:1380
Water/Sewer Expense:1152
Annual Taxes:1482
Tax Year:2018
TAX EXEMPTIONS:None

Interior

# Ranges:2
# Refrigerators:2
# Window Units:3
INTERIOR AMENITIES:Additional Storage

Exterior

EXTERIOR:Wood Siding

Grounds / Land / Lot

Area/Tract:Springfield
LOT DESCRIPTION:Corner

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Listed by: Coldwell Banker Springfield  /   MLS: 1139