202 N State St, Springfield, IL 62702

Here is an investor’s chance to own a unique multi-family investment property! A 2-story duplex and small house on the same parcel! Both units of the duplex are leased; main level for $925 and 2nd story for $750 with leases until 6/30/25. 825 Ruth is vacant but currently looking for a new tenant. The prospective rent is set at $875 but the marketing will be taken down with a signed purchase contract. The seller has put $25k in updates total in all 3 units, which includes new gutters and securing the crawlspace entry by installing a well for 825. All units have new thermostats, fixtures, toilets and some fresh paint. 202 has a new range and washer/dryer in the finished basement. 202.5 has a new range and refrigerator. 825 has a new range, refrigerator and washer/dryer. 202.5 has the capability for installing w/d hookups. 825 is basically all new; fresh paint and LVT throughout, fixtures, AC wall unit, kitchen counter, bathroom vanity and mirror. 202 has an attached 2 car garage, 202.5 and 825 have off-street parking. 202/202.5 has 1680 finished sf. and 825 has 597 sf. New roof for 202/202.5 in 2023 (garage roof is older). 825 was built in 1930 and 202 was built in 1945. Inspections are welcome but is being sold as is.