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8
Photos
1731 E MELROSE Street, Springfield, IL 62703
$55,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
630
sqft
Built in
1959
Welcome to this charming 2-bedroom, 1-bathroom home! This property is perfect for first-time buyers. All appliances and washer and dryer stay. Recent updates include new paint and updated flooring. The home sits on a large double lot with a finished building and a small storage shed. Looking for your next investment property? This home is a perfect fit! This home is Section 8 eligible and move in ready with potential rent revenue of over $875 a month!
Features & Amenities
Interior
- Appliances:
- Range/Oven, Refrigerator
- Basement:
- None
- Heating:
- Gas, Forced Air, Central Air
- Fireplace:
- Fireplaces: 0
Exterior
- General:
- Fenced Yard, Shed(s)
- Style:
- Ranch
- Parking:
- Gravel
Construction
- Roofing:
- Shingle
- General:
- Ranch, Slab
Location
- Originating MLS:
- rmlsa
- County:
- Sangamon
Lot
- Zoning:
- Lincoln Heights W 10' L 153& All L 154&E 5' L 155, 22-03.0-477-054
Utilities
- Water:
- Public Sewer,Public
Financial
- Source:
- rmlsa
- Buyers Agent Compensation:
- 3%
This listing courtesy of:
The Real Estate Group, Inc., Megan Nika
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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