If you need assistance, please call 217-787-7000

Eric Pedigo
217-891-4049
724 N 5th St, Springfield, IL 62702
0 Beds
40 Baths
39,221 sqft

Share

     
OR
Photos
Map
Street
Tour
RARE INVESTMENT OPPORTUNITY near hospitals, downtown Spfld & site of new YMCA! DESIRABLE exceptionally Managed/Maintained 44/45 unit TURN KEY complex & winner of historic preservation awards, includes 7 structures & 3 vac lots occupying nearly entire square block (SEE ATCHMNTS for list & Rent Roll)! Gross income based on ACTUAL current rents. Addit Exp is vacancy/rent loss. Maint Exp estimated. Coin-op net inc of $4,301/yr incl in #'s. Beautiful 717 N. 6th currently single fam but could convert back to duplex(no inc or exp incl in #'s w/except of taxes). See comments w/photos & Confid Remarks!
  • Price:
  • $2,000,000
  • Full Baths:
  • 40
  • Square Footage:
  • 39,221
  • Listing ID #:
  • 190194
  • Street Address:
  • 724 N 5th St
  • City:
  • Springfield
  • State:
  • Illinois
  • Postal Code:
  • 62702
  • County:
  • Sangamon
  • Listing Status:
  • Active
  • Basement Type:
  • Partial
  • Construction Description:
  • Aluminum, Brick, Wood
  • Dwelling Type:
  • 17+apt
  • Foundation:
  • Brick
  • Number Of 1 Bedroom Units:
  • 11
  • Number Of 2 Bedroom Units:
  • 17
  • Number Of 3 Bedroom Units:
  • 11
  • Number Of Units:
  • 43
  • Total Building Square Footage:
  • 39221
  • Annual Electric Expenses:
  • 20915
  • Annual Maintenance Expenses:
  • 18250
  • Annual Snow Expenses:
  • 4000
  • Annual Trash Expenses:
  • 3153
  • Gross Income:
  • 333456
  • Net Operating Income:
  • 197080
  • Operating Expense:
  • 136376
  • Conforms To Zoning:
  • R-5b
  • Lot Size:
  • 1.94 Acres
  • Monthly Rent:
  • 27788
  • Property Taxes:
  • $21,714
  • Tax Year:
  • 2017
  • Parking Spaces:
  • 67
  • Cooling System:
  • Central, Window Unit
  • Equipment:
  • Smoke Alarm, Other-See Remarks
  • Existing Water:
  • City
  • Heating:
  • Forced Air, Radiator
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • City
$

$

%

$

$

$


The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By The Real Estate Group Inc.