Active Under Contract

2112 S 5TH Street

$182,000.00 Springfield, IL 62703
  • Sangamon County
  • 4 Beds
  • 3 Baths

Description

Prime Investment Portfolio: 5 Single-Family Homes with Strong Cash Flow and Recent Upgrades! Attention investors! This is your chance to acquire 5 single-family homes, with 3 currently occupied by long-term tenants, generating immediate income. Property Details: 1507 Pennsylvania Ave – Rented for $1,100/month, featuring new roof (2022), windows, hot water heater, and furnace. 911 N 12th St – Rented for $650/month. 925 S 14th St – Rented for $700/month. 2115 S 5th St – Recent updates include new roof (2024), hot water heater, and furnace. 1530 Melrose Ave – New roof (2023), hot water heater, and furnace. Three properties are already generating $2,450/month in rental income with stable, long-term tenants, offering an immediate return on your investment. The additional properties are primed for leasing or improvements, allowing you to maximize your investment potential. With recent capital improvements, including new roofs, hot water heaters, and furnaces across multiple properties, future maintenance costs are minimized, making this an even more attractive opportunity. Located in sought-after rental areas, this portfolio is ideal for both seasoned investors and those looking to expand their holdings. Don’t miss this chance to acquire a well-maintained portfolio with built-in cash flow and excellent upside potential! All properties being sold- as- is. Inspections are welcome.

Key Features

  • Property Type Residential
  • Acres Acres
  • Minerals Call for more info
  • MLS # CA1032472

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