Solid income producing 4 plex, close to Washington Park and Downtown. There is plenty of room to pave a parking lot in the rear of the building. Owner pays utilities. Monthly rental income is $2,950, with monthly expenses of $1,015, or annual income of $34,500 with annual expenses of 12,180. Priced at a 14.01 capitalization rate.
For sale
$150,000
545 S Lincoln Ave, Springfield, IL 62704
4beds
4baths
2,268sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$146,600 Zestimate®
$66/sqft
$-- HOA
What's special
- 18 days |
- 621 |
- 22 |
Likely to sell faster than
- Loading
- Loading