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About This Home
This 8-bedroom, 0-bathroom residential multi family at 2510 & 2518 W JEFFERSON Street in Springfield, IL is listed for $799,800. on a 6.60 acres lot.
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.
Key Features
- 6.60 acre lot
- 30 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,277/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2510 & 2518 W JEFFERSON Street
Springfield, IL 62702
Property Details
Heating
Cooling
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 2510 & 2518 W JEFFERSON Street is listed at $799,800. The estimated monthly payment is $3,466 based on 20% down at 6.5% interest.
Key features include: 6.60 acre lot, 30 parking spaces.
This property is listed by Debra Sarsany and can be reached at 2173130580 or sarsanysells@yahoo.com.