$395,000
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422 S Lincoln Avenue Springfield, IL 62704
Cluster
Residence
Beds
Baths
...
Bed/Bath
5,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Price adjusted to freshly appraised value! An incredible opportunity awaits with this Beautiful Multifamily property! This 8-unit Boasts a 1 year, renewable master Lease that pays $6200 per month that eliminates concerns with vacancy! The entire building has been updated with modern amenities and fe...atures during 2023-2024. Each unit is 1 bed, 1 bath, and a full sized kitchen. Additionally, each unit is separately metered for electric. Feel free to walk the property, but please do not disturb tenants showings can be scheduled with Contingent offers. SQFT is approximate not guaranteed. Current Cap rate is 9.92%
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MLS#
CA1029287
Property Type
Cluster
Year Built
1920
Square Feet
5,000
sq. ft
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