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Listing Details

512-514 Oak Springfield, 62703
$139,900
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Fantastic income producing duplex property with both sides selling! There are 2-2 bedroom 1 bath units currently renting for $700/mo for each side. Each side has access to the basement where laundry is located for each unit on site. Several updates including the following: 2015 new furnace in #512, 2017 new windows in entire building, 2017 updated electrical boxes in both units, 2014 new kitchen appliances on both sides: microwave, stove, refrigerator, new kitchen cabinets in 2014, 2014 new carpet in bedrooms and tile in kitchen and baths, & new tub surrounds in both bathrooms. All new plumbing from house to road replaced in 2014. In 2019, new furnace was installed in unit #514. Roof was replaced approximately 10 years ago. Most updates have been done & current renters will stay.

Square Feet: Bedrooms: 2

Listing

Listing Price:139900
Address Direction:E
List Date:2020-11-04
MLS #:Ca1003545
Year Built:1960
Zoning:R-2
Legal Description:See Tax Records

Location

Address Number:512-514
Address Street:Oak
City:Springfield
State:Il
Zip:62703
Address:512-514 E Oak
County:Sangamon
Street Type:Street
Elementary School:Harvard Park
Middle School:Jefferson
High School:Springfield District #186
Subdivision:None

Income

Sale/Rent:For Sale
U1 $ Rent:700
U2 $ Rent:700
Gross Annual Rent Income:16800
Misc Annual Income:16800
Gross Annual Income:33600
Net Operating Income:32441

Dwelling

Total # Units:2
Total # Water Heaters:2
Total # Heating Units:2
Total # Central Air Units:2
Total SQFT:968
U1 Bedrooms:2
U1 Full Baths:1
U2 Bedrooms:2
U2 Full Baths:1
U1 Fireplace (Y/N):Y
U2 Fireplace (Y/N):Y
GARAGE/PARKING:On-Street Parking,Parking Slab
BASEMENT:Full,Brick,Unfinished
HEATING/COOLING:2+ Heating Systems,Gas,Central Air
WATER/SEWER:Public Sewer,Public Water
LAUNDRY FACILITIES:Owned Equipment,Private

Taxes / Expenses

Parcel ID#/Tax ID:22030157002
Insurance Expense:1059
Water/Sewer Expense:100
Annual Taxes:2083.42
Tax Year:2019
TAX EXEMPTIONS:None

Interior

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

Exterior

EXTERIOR:Wood Siding

Grounds / Land / Lot

Area/Tract:Springfield
# Parking Spaces:2
U1 # Parking:1
U1 # Parking Uncovered:1
U2 # Parking:1
U2 # Parking Uncovered:1
LOT DESCRIPTION:Level

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Listed by: RE/MAX Professionals  /   MLS: 1003545