1125 S SPRING ST Active

Springfield,IL 62704

$ 224900

- Bed

- Bath

950 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 950 sqft

Price per Sqft $236

MLS Listing ID CA1029308

Annual Tax Amount $2,708

Tax Year 2023

Property Description

INVESTMENT OPPORTUNITY: Updated Triplex with Solid Cash Flow! An exceptional investment property located in Springfield, this triplex offers three one-bedroom, one-bathroom units. Each unit has undergone extensive updates from 2023 to 2024, ensuring modern amenities and increases rental appeal. Gross rent $2800/month Unit A: Currently rented at $975/month Unit B: Currently rented at $975/month Unit C: Currently rented at $850/month All tenants are reliable cash tenants, providing a stable income stream. Showings require 24-hour notice.

Location

State IL

County Sangamon

Area Springfield

Interior

Heating Gas,Central Air

Exterior

View true

Roof Type Shingle

Building

Lot Description Level

Water Public Sewer,Public

Structure Type Vinyl Siding

New Construction false

Schools

High Schools Springfield District #186

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