1405 S 5th St

—
Baths
3,112 Sq. Ft.
$36 / Sq. Ft.
3,112
Sq. Ft.
$36
per Sq. Ft.

Description

Attention investors! Don't miss your opportunity to own this centrally located duplex! Property includes roughly 2,000 finished 3/2 on the main with lots of hardwood floors, vintage tin ceilings and tons of storage, washer dryer hook-ups (rent $1,150) and 1,100 finished 2/1 on the 2nd floor with nice walkout deck, stacked washer /dryer (rented /occupied $950). Newer roof, deck and AC units. Large parking area off alley access. Unfinished basement. All units are on years leases with a great rent roll...Attention investors! Don't miss your opportunity to own this centrally located duplex! Property includes roughly 2,000 finished 3/2 on the main with lots of hardwood floors, vintage tin ceilings and tons of storage, washer dryer hook-ups (rent $1,150) and 1,100 finished 2/1 on the 2nd floor with nice walkout deck, stacked washer /dryer (rented /occupied $950). Newer roof, deck and AC units. Large parking area off alley access. Unfinished basement. All units are on years leases with a great rent roll ($2,000 per month) Tenant pays electric and gas. Property is being sold AS-IS please use attached addendum. Do not enter 2nd floor please contact agent.
  1. Listed by James Skeeters • Keller Williams Capital
    P: (217)-971-6775 C: (217)-971-6775 skeetersrealtors@yahoo.com

Property Details for 1405 South 5th Street

Parking Total
2.0
Subdivision Name
None
LISTING CLOSED: 07/19/2024 12:00 AM

Property Details for 1405 South 5th Street

StatusSold
MLS #CA1029077
Days on Market35
Taxes$2,618 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built-
Lot Size0.21 AC / 9,120 SF
CountySangamon County

Location

Listing Courtesy of Keller Williams Capital

Sold By RE/MAX Professionals

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Building Information for 1405 South 5th Street

Stories-Residences2Year Built-Building Size-Lot Size0.21 AC / 9,120 SF

Payment Calculator

$784 per month

30 year fixed, 6.36% Interest

Principal and Interest

$566

Property Taxes

$218

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1405 South 5th Street

Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: 1 Block South of 5th Street off of South Grand.
  • Latitude: 39.785701
  • Longitude: -89.650044
  • MLSArea Minor: Springfield
  • Postal Code: 62703
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 22040231010
  • Tax Annual Amount: $2,618
  • Tax Legal Description: GEO. CARPENTERS SUB PT E1/2 NE S20' L1&N1/2 L2 B2 4-15-5
  • Tax Year: 2023
School Information
  • High School: Springfield District #186
Parking
  • Parking Features: Alley Access, Guest Parking, Other, Parking Pad
Virtual Tour
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 3112.0
  • Lot Features: Other
  • Lot Size Dimensions: 152x60
  • Number Of Units Total: 2
  • 100 Year Plain: Unknown
  • Road Surface Type: Alley, Curbs & Gutters
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Brick
  • New Construction: No
  • Year Built: 0
Utilities
  • Number Of Electric Meters: 1
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,100
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Aluminum Siding, Brick
Interior Features
  • Basement: Unfinished
  • Heating: Forced Air, Gas, Central Air, Gas Water Heater
  • Laundry Features: Private
  • Number Of Central Air Units: 2
  • Number Of Dishwashers: 1
  • Number Of Dryers: 2
  • Number Of Heating Units: 2
  • Number Of Ranges: 2
  • Numberof Refrigerators: 2
  • Number Of Washers: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: Audio & Video
Multi Family
Income & Expenses
  • Electric Expense: $1,000
  • Gross Income: $0
  • Insurance Expense: $2,000
  • Maintenance Expense: $1,200
  • Manager Expense: $1,500
  • Net Operating Income: $-11,578
  • Operating Expense: $8,960
  • Advertising Expense: 0
  • Gas Expense: 1800
  • Misc Annual Income: 0
  • Trash Expense: $360
Unit 1
  • Fireplace YN: Y
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: One Year or Less
  • Tenant Pays: Gas & Electric
  • Annual Vacancy Factor: 10

Property History for 1405 South 5th Street

DateEvent & SourcePriceAppreciation
Jul 19, 2024

Sold (Public Record)

Public Record #1537742321

$113,500—
Jul 19, 2024

Sold

RMLS ALLIANCE #CA1029077

$113,500—
Jun 13, 2024

Pending

RMLS ALLIANCE #CA1029077

—
DateEvent & SourcePrice
07/19/2024

Sold (Public Record)

Public Record #1537742321

$113,500
07/19/2024

Sold

RMLS ALLIANCE #CA1029077

$113,500
06/13/2024

Pending

RMLS ALLIANCE #CA1029077

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1405 South 5th Street

Taxable ValueLand$7,521Additions$35,943Total$43,464
Tax Record2025$3,519 ($293 / month)
Home Facts
Beds0Lot Size9,127 SqFtStyleSingle Family ResidenceCountySANGAMONAPN22-04.0-231-010

Schools near 1405 South 5th Street

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - K to 12
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Edwin A Lee Elementary School
PublicK to 12

Jefferson Middle School
Public6 to 8

Springfield Southeast High School
Public9 to 12

Lawrence Education Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Capital

Based on information submitted to the MLS GRID as of 07/20/2024 03:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.