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5
Photos
2112 S 5TH Street, Springfield, IL 62703
$182,000 Asking Price
$---/mo Est. Payment Get Prequalified »
4
beds
3
baths
2,000
sqft
Built in
1945
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.
Features & Amenities
Interior
- Basement:
- Unfinished
- Heating:
- Electric, Gas
- Fireplace:
- Fireplaces: 1
Exterior
- Style:
- Bungalow
- Parking:
- On Street, Paved
Construction
- Roofing:
- Shingle
- General:
- Bungalow
Location
- Originating MLS:
- rmlsa
- County:
- Sangamon
Lot
- Zoning:
- PAYNES S SIDE 2ND PLAT L 37 B 21, 22-03.0-306-004
Utilities
- Water:
- Public Sewer,Public
Financial
- Source:
- rmlsa
This listing courtesy of:
Keller Williams Capital, Janaya Ochoa
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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