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Listing Details

332 S State St Springfield, IL 62704
$69,900
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Wonderful opportunity for an investor or possible someone who is looking for a duplex to live in. Great cash flow with both tenants locked into a lease with total income of $1,075. Main floor tenant paying $575 per month and upstairs unit at $500. All utilities split and paid by tenants. New water line to property, newer furnace for main floor unit, newer electric heat for the 2nd floor. Other updates include flooring, bath, exterior doors, and roof. Upstairs has updated electrical, water heater, and some plumbing.

Square Feet: 1962 Bedrooms:

Listing

Age Description:Unknown
Directions:State Between Monroe And Governor
Legal Description:Frenchs Addn L 3 B 1
Date Listed:2017-12-05
MLS Number:177815
List Price:$69,900
Zoning:Residential

Location

Address City:Springfield
Address County:Sangamon
Address Zip Code:62704
School District:Springfield District # 186
Address State:Il
Address Street Name:State St

Income

Gross Income:12900
2 bed # lse:2
Net Income:11393
2 Bedroom Rent:1075
Rent per Month:1075

Dwelling

Basement Type:Full
Building Type:Duplex
Cooling:Window Unit
Foundation:Block,Brick
Heating:Forced Air
HeatingSource:Natural Gas
Sewer:City
SqFt Total:1962
# of Stories:2
Total Units:2
2 bed 1 bath units:2
2 Bedroom Units:2
Utilities:Cilco,Cwlp
Water:City
Wheel Chair Access Desc:None

Taxes / Expenses

Operating Expenses:1507
LeaseInformation:12 Month Lease
Tax Amount:1507
Tax ID:14330130012
Tax Year:2016
TenantExpenses:Cable Tv,Electric,Gas,Lawn,Refuse,Sewer,Snow Removal,Water
Total Leases:2

Interior

Ranges:2
Refrigerators:2
2 Bedroom Rooms:4

Rooms

Baths:2
Rooms:4

Exterior

Construction:Vinyl

Grounds / Land / Lot

Area / Zone Sort:2
Area / Zone Code:Springfield
Lot Size:40X190
ParkingDesc:Off Street

Photos

Map

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Listed by: The Real Estate Group Inc.  /   MLS: 177815