619 S WALNUT ST Active

Springfield,IL 62704

$ 565000

- Bed

- Bath

9747 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 9,747 sqft

Price per Sqft $57

MLS Listing ID CA1034858

Maintenance Fees $10,000

Year Built 1940

Annual Tax Amount $11,711

Tax Year 2023

Property Sub-Type Residential Income

Property Description

Investor ALERT!! This 12 unit complex has seen substantial updates to many of the units, but there is still time to put your personal touch on it! 11 Two bedroom units, and 1 One bedroom unit make up this centrally located mature Charmer. Currently just three units vacant, yet they are in the process of cleanup before placing the next lucky tenant. Most units have seen upgrades, some with full kitchen replacements, bathrooms replacements, Luxury Vinyl Plank span most of the units, and you will find updated fixtures spread throughout as well. The Full, unfinished basement offers a great opportunity to produce additional monthly income after the revitalization an existing laundry room, or even with the addition of private tenant storage! This property has a great amount of value to be added and offers the potential to produce thousands of dollars more each month. Don't miss your chance to build additional equity!

Location

State IL

County Sangamon

Area Springfield

Interior

Heating Electric,Forced Air,Natural Gas,Gas Water Heater

Cooling Central Air

Laundry Common Area

Exterior

View true

Roof Type Shingle

Building

Lot Description Level

Foundation Block,Brick/Mortar

Water Public Sewer,Public

Structure Type Brick Partial,Vinyl Siding

New Construction false

Schools

High Schools Springfield District #186

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