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922 N 5TH Street
Springfield IL 62702 US

$185,000

Active Listing ID CA1025832
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Other

$185,000

Active Listing ID CA1025832
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922 N 5TH Street This great investment property with a strong ROI was under contract for over 2 months before the buyer couldn't come up with the cash needed to close. The previous list price reflected the roof being at the end of its life, although it does not leak. The new list price is reflective of the new roof to be installed soon. Property has been inspected with repairs made and has been through the appraisal process. Inspection available, being sold as reported. 8 Studio Units!! Great cash flow!! Don't miss out on this great investment property with great ROI! Units #5&6 rent for $580 each a month and Cottage #7 rents for $530 and Cottage #8 $580 a month. Rents include all utilities, making these units very desirable for tenants. Water & sewer expense is included in the electric amount (CWLP). Long term tenants: 4 years, 2-5year tenants and 8 years. All the units have a separate kitchen/bath area, kitchens are not in the same room as the living room/sleep area. Updates: water heaters – 1 each in both buildings 2022 & 3rd water heater installed in Unit 6 bathroom in 2023, furnace in cottage 2020, 5 Units have some new flooring 2021 & 2022, 3 units newer stoves 2021, current owner installed 5 showers in main building, 3 units have updated kitchen sink counter, basin & faucets, electric panel in main building 2021. Both basements are dry and have never flooded. Sold AS-IS.

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Level
  • Roof Type: Shingle
  • Heating Fuels: Forced Air

School Information

  • School
  • McClernand(Elementary)
  • US Grant(MiddleSchool)
  • Lanphier High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 185000
  • unparsedaddress: 922 N 5TH Street
  • postalcity: Springfield
  • stateorprovince: IL
  • country: US
  • postalcode: 62702
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3176
  • livingareaunits: Square Feet
  • latitude: 39.811942
  • longitude: -89.64885
  • listagentfullname: Edward Bowen
  • listagentemail: ed@edshouses.com
  • listagentkey: 3yd-PAARIL-CA6570
  • listagentmlsid: CA6570
  • listagentpreferredphone: 2175534368
  • listagentofficephone: 2173038445
  • listofficekey: 3yd-PAARIL-CA1220
  • listofficemlsid: CA1220
  • disclaimer: Copyright © 2024 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: PAARIL
  • yearbuilt: 1870
  • listingcontractdate: 2023-11-02
  • listagenturl: http://www.kwspi.com
  • countyorparish: Sangamon
  • parcelnumber: 14-27.0-176-002
  • elementaryschool: McClernand
  • highschool: Lanphier High School
  • heating: Forced Air
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 3
  • parkingfeatures: On Street
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Cable Available
  • exteriorfeatures: Level
  • architecturalstyle: Other
  • utilities: Cable Available
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -89.64885, 39.811942
  • customfields: {"AlternatePrices":[], "Expenses":[], "Neighborhoods":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/922-N-5th-St_Springfield_IL_62702_M98575-77347?f=listhub&s=PAARIL&m=CA1025832&c=rexren", "LeadRoutingEmail":"ed@edshouses.com", "BrokerName":"Keller Williams Capital", "ListingTitle":"Residential Income - Springfield, IL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"john.kerstein@kw.com", "ListOfficeAddress1":"3171 Robbins Rd", "ListOfficeAddress2":null, "ListOfficeCity":"Springfield", "ListOfficePostalCode":"62704", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Keller Williams Capital", "ListBrokeragePhone":"(217) 553-4368", "ListBrokerageEmail":"john.kerstein@gmail.com", "ListBrokerageWebsiteUrl":"http://www.kwspi.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/PAARIL/99b07c1f920611e983de0242ac11000b/20190731185544100.png", "ListBrokerageUnparsedAddress":"3171 Robbins Road", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Springfield", "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":"62704", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-04-23T14:11:11Z", "Taxes":[{"TaxYear":"2022", "TaxAnnualAmount":2463, "TaxDescription":null}]}
Listing Changed: 4/23/2024 7:48:07 PM GMT
Source Updated Date: 4/30/2024 6:49:39 AM GMT

Courtesy of: Edward Bowen, Keller Williams Capital, ed@edshouses.com

Copyright © 2024 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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