Properties

Property Description

Fully Occupied 10-Unit Investment Property on 6.5 Acres Excellent opportunity to own a 10-unit multifamily property located in the desirable Springfield High School District. This property consists of two 5-unit buildings (2510 & 2518 W Jefferson) and is fully rented with a total monthly income of $7,965. Tenants pay electric and gas. Owner pays water, sewer, trash, and mowing. Situated on 6.5 acres with R3 County zoning, the property offers future development potential. A duplex previously stood on the property and was lost to a fire many years ago, providing the opportunity to rebuild at least one additional multi-unit structure. There is also ample space for further expansion, subject to zoning and county approval. The property features a creek, wooded areas, and a gazebo, creating a peaceful setting for tenants while still being conveniently located.

Features
: Baseboard, Natural Gas, Wall Unit(s)
: Central Air
: Finished
: Shingle
: 30
: Other
: Wooded, Other, Creek
: Parking Pad
R3
Address Map
US
IL
Sangamon
Springfield
JEFFERSON
2510 & 2518
Street
0
W90° 18' 2.8''
N39° 48' 52.6''
GPS
W
MLS Addon
The Real Estate Group, Inc.
Debra
Sarsany
$0
: Other
52
: Poured Concrete
Springfield
RMACA2961
RMACA2050
Active
1430203014
: Other
None
$6,601
2024
sarsanysells@yahoo.com

Residential Income For Sale

2510 & 2518 JEFFERSON Street, Springfield, Illinois

0 Acre
$749,800
Listing ID #RMACA1042098
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : RMACA1042098
Price : $749,800
Lot Size : 0 Acre
Lot Size Dimensions : 392x132x165x170x200
Property Sub Type : Residential Income
Standard Status : Active
Agent info
Gateway Realty Group
Contact Agent