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Listing Details

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128 Walnut Springfield, IL 62702
$674,500
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Rare Investment Opportunity! Brand New Roof 2022! All Brick - 12 Units - 2 Buildings - Six (6) - 1 bedrooms units - Six (6) 2 bedrooms units-Close to downtown and State Office building. Some units have New kitchen cabinets bath vanities and Luxury vinyl flooring. All units have central air, separate water heaters and furnaces. Paved off street parking. sidewalks, landscaping. Maintenance expense estimated, taxes actual. Currently 10 units are rented. Five (5) apartments are rented through the Section 8 program. The units have very nice room sizes and nice layouts. Based upon Cash Flow this is a Million Dollar property! Broker Owned -

Square Feet: Bedrooms: 12

Listing

Listing Price:674500
Address Direction:N
List Date:2022-04-20
MLS #:Ca1013774
Year Built:1971
Zoning:R-3(B)
Legal Description:N 20' L 6 All L 7&S 20' L 8 Cowgills Addn

Location

Address Number:128
Address Street:Walnut
City:Springfield
State:Il
Zip:62702
Address:128 N Walnut Street
County:Sangamon
High School:Springfield District #186
Subdivision:None

Income

Sale/Rent:For Sale
Gross Annual Rent Income:104376
Gross Annual Income:104376
Net Operating Income:97680

Dwelling

Total # Units:12
Total # Water Heaters:12
Total # Heating Units:12
Total # Central Air Units:12
Total SQFT:10962
U1 Bedrooms:6
U1 Full Baths:6
U1 Fireplace (Y/N):N
U2 Fireplace (Y/N):N
U3 Fireplace (Y/N):N
U4 Fireplace (Y/N):N
GARAGE/PARKING:Other Garage/Parking
BASEMENT:None
HEATING/COOLING:Forced Air
WATER/SEWER:Public Sewer,Public Water

Taxes / Expenses

Parcel ID#/Tax ID:14-28.0-455-023
Lawn/Snow Rmvl Ann. Exp:1200
Water/Sewer Expense:4380
Annual Taxes:9380
Tax Year:2021
TAX EXEMPTIONS:None

Interior

# Ranges:12
# Refrigerators:12

Exterior

EXTERIOR:Brick

Grounds / Land / Lot

Area/Tract:Springfield
# Parking Spaces:12
Approx . # of Acres:0.29
U1 # Parking:12
LOT DESCRIPTION:Other Lot Description

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Listed by: Real Estate Service Consult  /   MLS: 1013774