922 North 5th Street
922 North 5th Street
$185,000
—
3,176
3,176
$58
Description
This great investment property with a strong ROI was under contract for over 2 months before the buyer lost his financing. The previous list price reflected the roof being at the end of its life, although it does not leak. The new list price is reflective of the new roof to be installed soon. Property has been inspected with repairs made and has been through the appraisal process. Inspection available, being sold as reported. 8 Studio Units! Great cash flow! Don't miss out on this great investment...This great investment property with a strong ROI was under contract for over 2 months before the buyer lost his financing. The previous list price reflected the roof being at the end of its life, although it does not leak. The new list price is reflective of the new roof to be installed soon. Property has been inspected with repairs made and has been through the appraisal process. Inspection available, being sold as reported. 8 Studio Units! Great cash flow! Don't miss out on this great investment property with great ROI! Units #5&6 rent for $580 each a month and Cottage #7 rents for $530 and Cottage #8 $580 a month. Rents include all utilities, making these units very desirable for tenants. Water & sewer expense is included in the electric amount (CWLP). Long term tenants: 4 years, 2-5year tenants and 8 years. All the units have a separate kitchen/bath area, kitchens are not in the same room as the living room/sleep area. Updates: water heaters – 1 each in both buildings 2022 & 3rd water heater installed in Unit 6 bathroom in 2023, furnace in cottage 2020, 5 Units have some new flooring 2021 & 2022, 3 units newer stoves 2021, current owner installed 5 showers in main building, 3 units have updated kitchen sink counter, basin & faucets, electric panel in main building 2021. Both basements are dry and have never flooded. Sold AS-IS.
- Listed by Edward Bowen • Keller Williams Capital • Mobl: 217-414-3509
Property Details for 922 North 5th Street
Parking Total
3.0
Subdivision NameNone
Location
LISTING UPDATED: 05/10/2024 03:01 PM
Property Details for 922 North 5th Street
Status | Active |
---|---|
MLS # | CA1025832 |
Days on Market | 118 |
Taxes | $2,463 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income / Residential Income |
Year Built | 1870 |
Lot Size | 0.25 AC / 10,740 SF |
County | Sangamon County |
Location
Building Information for 922 North 5th Street
Stories-Residences8Year Built1870Building Size-Lot Size0.25 AC / 10,740 SF
Payment Calculator
$1,215 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 922 North 5th Street
Property History for 922 North 5th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 922 North 5th Street
Taxable ValueLand$5,880Additions$21,606Total$27,486
Tax Record2022$2,463 ($205 / month)
Home Facts
Lot Size10,744 SqFtStyleMiscellaneous CommercialCountySANGAMONAPN14-27.0-176-002
Schools near 922 North 5th Street
This home is within Springfield School District 186.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Mcclernand Elementary School PublicK to 5 | ||
U S Grant Middle School Public6 to 8 | ||
Lanphier High School Public9 to 12 | ||
Douglas School Public6 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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