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Listing Details

509 Washington Springfield, IL 62704
$250,000
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**Investor Alert** Property consists of 2 duplexes (4 units). All units are 2 bed/ 1 bath each. 509: 1560 SF, 780 SF bsmt. 525: 1800 SF, 900 SF bsmt. Property has excellent access to downtown and amenities. Units have been updated and are NICE! Extra lots too. Great views of State Capital Building and Downtown Springfield make AirBNB a great options here too! Amazing investment.

Square Feet: Bedrooms: 4

Listing

Listing Price:250000
Address Direction:W
List Date:2021-08-05
MLS #:Ca1009073
Year Built:1957
Legal Description:See Tax Records

Location

Address Number:509
Address Street:Washington
City:Springfield
State:Il
Zip:62704
Address:509 W Washington Street
County:Sangamon
High School:Springfield District #186
Subdivision:None

Income

Sale/Rent:For Sale
U1 $ Rent:750
U2 $ Rent:750
U3 $ Rent:900
U4 $ Rent:900
Gross Annual Rent Income:3300
Gross Annual Income:3300
Net Operating Income:1144
LEASE INFORMATION:Various Terms
TENANT PAYS:Gas &Amp; Electric

Dwelling

Total # Units:4
Total # Water Heaters:4
Total # Heating Units:4
Total # Central Air Units:2
Total SQFT:3360
U1 Bedrooms:2
U1 Full Baths:1
U2 Bedrooms:2
U2 Full Baths:1
U3 Bedrooms:2
U3 Full Baths:1
U4 Bedrooms:2
U4 Full Baths:1
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:Crawl Space,Block,Brick
HEATING/COOLING:Forced Air,Gas,Central Air
WATER/SEWER:Public Sewer,Public Water
LAUNDRY FACILITIES:Common

Taxes / Expenses

Parcel ID#/Tax ID:14280456039,14280456051
Insurance Expense:1400
Water/Sewer Expense:756
Annual Taxes:6367.65
Tax Year:2020
TAX EXEMPTIONS:None

Interior

# Ranges:4
# Refrigerators:4

Exterior

EXTERIOR:Vinyl Siding

Grounds / Land / Lot

Area/Tract:Springfield
# Parking Spaces:20
U1 # Parking:4
U1 # Parking Uncovered:4
U2 # Parking:4
U2 # Parking Uncovered:4
U3 # Parking:4
U3 # Parking Uncovered:4
U4 # Parking:4
U4 # Parking Uncovered:4
LOT DESCRIPTION:Corner,Other Lot Description,Extra Lot

Photos

Map

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Listed by: RE/MAX Professionals  /   MLS: 1009073