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37
Photos
109 S WALNUT Street, Springfield, IL 62704
$150,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
2
baths
1,791
sqft
Built in
1899
Welcome to this new to the market up/down duplex, a prime investment opportunity or ideal for owner-occupants looking to offset their mortgage with rental income. Each apartment in this duplex features two spacious bedrooms and one bathroom, ensuring comfort and convenience for all residents. The property boasts a brand-new roof, modern luxury vinyl plank (LVP) flooring throughout. Nearly all windows have been replaced, enhancing energy efficiency and allowing natural light to flood each unit. Each apartment is equipped with its own laundry facilities, eliminating the hassle of shared spaces and providing a significant convenience for tenants or owners. The place needs a few small touch-ups and its ready for rent. Each unit also offers two exits, enhancing safety and ease of access. Separate water heaters and HVAC systems with central air ensure personalized comfort and efficiency, reducing the potential for disputes over utility usage. The owner pays for water, simplifying the rental agreements for potential tenants. This duplex is not only a great investment property with excellent rental income potential but also perfect for those looking to live in one unit and rent out the other. This setup provides an excellent opportunity to supplement your mortgage payments, making homeownership more affordable and financially savvy. Don't miss out on this unique opportunity to own a property that perfectly balances comfort and investment potential.
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Gas, Forced Air, Central Air
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Two Story
- Parking:
- Detached
Construction
- Roofing:
- Shingle
- General:
- Two Story
Location
- Originating MLS:
- rmlsa
- County:
- Sangamon
Lot
- Zoning:
- See tax records, 14330128017
Utilities
- Water:
- Public,Public Sewer,Other
Financial
- Source:
- rmlsa
- Buyers Agent Compensation:
- 3.0
This listing courtesy of:
The Real Estate Group, Inc., Jami R Winchester
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Springfield, IL
Housing
- Number of Units
- 66,410
- Median Home Value
- $144,000
- Median Rent
- $667
37.08% of housing units are renter occupied.
10.71% are vacant.
Commute
- Car
-
71.85%
- Public Transportation
-
1.30%
- Walk to Work
-
1.24%
- Work from Home
-
23.72%
- Other
-
1.14%
The median travel time to work is 15 minutes.
People
- Population
- 133,077
- Median Age
- 41.00
- Median Household Size
- 2.36
Education
- High School
-
25.75%
- Associate’s Degree
-
7.97%
- Bachelor’s Degree
-
20.61%
- Graduate Degree
-
13.94%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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