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151 & 155 S Durkin Drive Springfield, IL 62704 • Multi Unit - Multiple • Pending

Pending
  • 151 & 155 S Durkin Drive, Springfield, IL 62704 Main Photo

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Description

Great investment opportunity on near west side of Springfield! This property is two 8-unit buildings with surface parking lot. All units have 2BR/1BA. 151 Durkin has been remodeled in the last 2 years, including roof, windows, siding, HVAC and all interior. 155 Durkin has new roof and some updates as needed or as units have become vacant. 151 Durkin is fully leased bringing in 8080/mo. 155 Durkin has 3 vacancies and is currently at $3875/mo. When fully leased, will bring in $6275/mo. Owner currently pays water/sewer and common electric. Tenant pays for electric in unit.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Sangamon
High School: Springfield District #186
Subdivision: None
Listed By:
The Real Estate Group, Inc. Pref: 217-899-0530
RMLSA
$1,350,000
Est. $9,732/mo
New to the Market Pending
BEDS0 BATHS0 MLS#CA1047265
STATUSPending PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONNone SCHOOLSpringfield District #186

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151 & 155 S Durkin Drive, Springfield, IL 62704.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,350,000$1,350,000$1,350,000
Down Payment $47,250$0$270,000
Monthly Mortgage Amount $8,708$9,291$7,459
Taxes $1879$1879$1879
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $810$0$0
Monthly Estimated Total $11,791$11,564$9,732

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