202 N STATE ST Active Save Request In-Person Tour Request Virtual Tour
Springfield,IL 62702
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 2,277 sqft
Price per Sqft $76
MLS Listing ID CA1032213
Maintenance Fees $586
Year Built 1945
Annual Tax Amount $3,008
Tax Year 2023
Property Description
Here is an investor?s chance to own a unique multi-family investment property! A 2-story duplex and small house on the same parcel! Both units of the duplex are leased; main level for $925 and 2nd story for $750 with leases until 6/30/25. 825 Ruth is vacant but currently looking for a new tenant. The prospective rent is set at $900 but the marketing will be taken down with a signed purchase contract. The seller has put $25k in updates total in all 3 units, which includes new gutters and securing the crawlspace entry by installing a well for 825. All units have new outlets, thermostats, fixtures, toilets and some fresh paint. 202 has a new range and washer/dryer in the finished basement. 202.5 has a new range and refrigerator. 825 has a new range, refrigerator and washer/dryer. 202.5 has the capability for installing w/d hookups. 825 is basically all new; fresh paint and LVT throughout, outlets, fixtures, AC wall unit, kitchen counter, bathroom vanity and mirror. 202 has an attached 2 car garage, 202.5 and 825 have off-street parking. 202/202.5 has 1680 finished sf. and 825 has 597 sf. New roof for 202/202.5 in 2023 (garage roof is older). 825 was built in 1930 and 202 was built in 1945. Inspections are welcome but is being sold as is.
Location
State IL
County Sangamon
Area Springfield
Interior
Heating Gas,Hot Water,Central Air,Gas Water Heater,Wall Unit(s)
Laundry None,Private
Exterior
View true
Roof Type Shingle
Building
Lot Description Corner Lot,Level
Water Public Sewer,Public
Structure Type Aluminum Siding
New Construction false
Schools
High Schools Springfield District #186