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2244 S 9th Street Springfield, IL 62703 • Multi Unit - Multiple • Active

  • 2244 S 9th Street, Springfield, IL 62703 Main Photo

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Description

Looking to invest into rental property, or add to your existing portfolio? This may just fit the bill! This up and down duplex is currently fully leased, so the income would immediately start rolling in. With a 2 bedroom/2 Bathroom unit on the main leased at $925, and an efficiency style 1 bedroom/1 bathroom upstairs leased at $600, you will have options to offer future tenants. Existing tenants are happy and healthy, with no plans of vacating any time soon. Main floor unit has a sizable living room and oversized eat in kitchen, plus access to the full basement that offers even more usable living space. Upper level unit is a clean cut studio that allows for simple, low maintenance living. Seller pays water at just $75/mo average, but tenants are responsible for power and garbage disposal. Detached garage is great for additional storage, and parking is either back alley access or at the front street.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Sangamon
High School: Springfield District #186
Subdivision: None
Listed By:
The Real Estate Group, Inc. Offc: 217-787-7000
RMLSA
$120,000
Est. $930/mo
Active
BEDS0 BATHS0 MLS#CA1046838
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNone SCHOOLSpringfield District #186

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2244 S 9th Street, Springfield, IL 62703.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $120,000$120,000$120,000
Down Payment $24,000$4,200$30,000
Monthly Mortgage Amount $663$794$790
Taxes $167$167$167
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$53$0
Monthly Estimated Total $930$1,114$1,057

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