2510 & 2518 JEFFERSON Street, Springfield, IL, 62702
The Real Estate Group, Inc.Basics
- Date added: Added 4 hours ago
- Category: Residential Income
- Type: Residential Income
- Status: Active
- Year built: 0
- SubdivisionName: None
- ListOfficeName: The Real Estate Group, Inc.
- ListAOR: rmlsa
- MLS ID: RMACA1042098
Description
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Description:
Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5 acres with R3 County zoning, the property offers future development potential. A duplex previously stood on the property and was lost to a fire many years ago, providing the opportunity to rebuild at least one additional multi-unit structure. There is also ample space for further expansion, subject to zoning and county approval. The property features a creek, wooded areas, and a gazebo, creating a peaceful setting for tenants while still being conveniently located.
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Location
- CountyOrParish: Sangamon
- Directions: GPS
Building Details
- ParkingTotal: 30
- NewConstructionYN: No
- Heating: Baseboard, Natural Gas, Wall Unit(s)
- Basement: Finished
- Exterior material: Other
- Roof: Shingle
- Parking: Parking Pad
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
