122 N PARKER AVE Pending Save Request In-Person Tour Request Virtual Tour
Springfield,IL 62702
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Pending
Purchase Type For Sale
Square Footage 7,800 sqft
Price per Sqft $76
MLS Listing ID CA1029479
Maintenance Fees $50
Year Built 1985
Annual Tax Amount $12,887
Tax Year 2023
Property Description
Prime Investment Opportunity: 12-Unit Apartment Complex in the Heart of Springfield! Welcome to an exceptional investment opportunity nestled in the vibrant heart of Springfield. This beautifully maintained 12-unit apartment complex presents a rare chance to own a lucrative piece of real estate conveniently located just moments away from downtown. Each unit within this complex is thoughtfully designed to provide optimal comfort and functionality, ensuring high tenant satisfaction and retention. Spacious floor plans and tasteful finishes define the interior, creating an inviting atmosphere that tenants will love to call home. Beyond its appeal as a residential haven, this apartment complex presents a compelling investment proposition. With a robust rental market and consistently high demand for quality housing in the area, this property promises steady cash flow and attractive returns for savvy investors. Whether you're a seasoned investor looking to expand your portfolio or an entrepreneur seeking a promising venture, this 12-unit apartment complex stands as a testament to the potential for substantial financial gain. Don't miss out on the opportunity to capitalize on Springfield's thriving real estate market and secure your position as a successful Investor in the heart of the city. Owner pays for water, sewer and trash, W&D hook ups in each unit, many long term tenants, updated roofs, 5 new AC units, heat units 8-10 yrs old.
Location
State IL
County Sangamon
Area Springfield
Interior
Heating Electric,Forced Air,Central Air
Laundry Units Hook-Ups
Exterior
View true
Roof Type Shingle
Building
Lot Description Level
Foundation Block
Water Public Sewer,Public
Structure Type Vinyl Siding
New Construction false
Schools
High Schools Springfield District #186