$150,000
- 4 Beds
- 2,268 Sq Ft
545 S Lincoln Ave, Springfield, IL 62704
Solid income producing 4 plex, close to Washington Park and Downtown. There is plenty of room to pave a parking lot in the rear of the building. Owner pays utilities. Monthly rental income is $2,950, with monthly expenses of $1,015, or annual income of $34,500 with annual expenses of 12,180. Priced at a 14.01 capitalization rate.
Jay Clark The Real Estate Group, Inc.
