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Listing Details

316-318 Norwalk Springfield, IL 62704
$199,900
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This well maintained and updated 2 bed, 2 bath duplex is located in a great westside location with easy access to shopping and bus routes. New main sewer line for both units. Roof, hardwood floors, updated kitchen with oak cabinets and tile floors all redone within the last 15 years. Larger side also features a family room with woodburning fireplace. Other improvements include windows, doors and some appliances. Unfinished basements. Both tenants are currently month to month. These units are under-rented and can easily bring a higher rent. Seller will give credit of $2,500 for new patios in back (had to remove a portion due to new sewer line).

Square Feet: Bedrooms: 2

Listing

Listing Price:199900
List Date:2022-06-15
MLS #:Ca1014931
Year Built:1973
Legal Description:See Tax Records

Location

Address Number:316-318
Address Street:Norwalk
City:Springfield
State:Il
Zip:62704
Address:316-318 Norwalk Road
County:Sangamon
High School:Springfield District #186
Subdivision:Pasfield Park West

Income

Sale/Rent:For Sale
U1 $ Rent:800
U2 $ Rent:925
Gross Annual Rent Income:20700
Gross Annual Income:20700
Net Operating Income:18460
LEASE INFORMATION:Month-To-Month
TENANT PAYS:Electric Only,Garbage Collection

Dwelling

Total # Units:2
Total # Water Heaters:2
Total # Heating Units:2
Total # Central Air Units:2
Total SQFT:2216
U1 Bedrooms:2
U1 Full Baths:2
U2 Bedrooms:2
U2 Full Baths:2
U1 Fireplace (Y/N):Y
U2 Fireplace (Y/N):N
GARAGE/PARKING:Attached
BASEMENT:Full,Poured,Unfinished
HEATING/COOLING:Electric,Forced Air,Central Air
WATER/SEWER:Public Sewer,Public Water

Taxes / Expenses

Parcel ID#/Tax ID:14310254004
Insurance Expense:1400
Water/Sewer Expense:840
Annual Taxes:4588.94
Tax Year:2021
TAX EXEMPTIONS:None

Interior

# Ranges:2
# Refrigerators:2
# Dishwashers:2
# Washers:2
# Dryers:2

Exterior

EXTERIOR:Stone,Vinyl Siding
EXTERIOR AMENTITIES:Fenced

Grounds / Land / Lot

Area/Tract:Springfield
# Parking Spaces:2
U1 # Parking:1
U2 # Parking:1
U1 # Cars Garaged:1
U2 # Cars Garaged:1
LOT DESCRIPTION:Corner

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Listed by: The Real Estate Group, Inc.  /   MLS: 1014931