2112 S 5TH ST

Springfield,IL 62703

$ 182000

4 Beds

3 Baths

2000 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $91

Subdivision Harvard Park

MLS Listing ID CA1032472

Style Bungalow

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1945

Annual Tax Amount $2,021

Tax Year 2024

Property Description

Prime Investment Portfolio: 5 Single-Family Homes with Strong Cash Flow and Recent Upgrades! Attention investors! This is your chance to acquire 5 single-family homes, with 3 currently occupied by long-term tenants, generating immediate income. Property Details: 1507 Pennsylvania Ave ? Rented for $1,100/month, featuring new roof (2022), windows, hot water heater, and furnace. 911 N 12th St ? Rented for $650/month. 925 S 14th St ? Rented for $700/month. 2115 S 5th St ? Recent updates include new roof (2024), hot water heater, and furnace. 1530 Melrose Ave ? New roof (2023), hot water heater, and furnace. Three properties are already generating $2,450/month in rental income with stable, long-term tenants, offering an immediate return on your investment. The additional properties are primed for leasing or improvements, allowing you to maximize your investment potential. With recent capital improvements, including new roofs, hot water heaters, and furnaces across multiple properties, future maintenance costs are minimized, making this an even more attractive opportunity. Located in sought-after rental areas, this portfolio is ideal for both seasoned investors and those looking to expand their holdings. Don?t miss this chance to acquire a well-maintained portfolio with built-in cash flow and excellent upside potential! All properties being sold- as- is. Inspections are welcome.

Location

State IL

County Sangamon

Area Springfield

Rooms

Kitchen Dining Formal

Interior

Heating Electric,Gas

Fireplaces Number 1

Exterior

View true

Roof Type Shingle

Building

Lot Description Other

Water Public,Public Sewer

Structure Type Vinyl Siding

New Construction false

Schools

High Schools Springfield District #186

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