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Fully Leased Apartment Complex for Sale

617 W Lawrence Ave, Springfield, IL 62704, USA

  • Sale
  • Investment
  • Multi-Family
  • 6,480 sqft

Property Information

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617 W Lawrence Ave
Springfield, IL 62704

Price: $270,000
Building Size: 6,480 sqft
Zoning: R-3b
Tax PIN: 14330253048, 052
RE: $5,761.78

Property Description

Subject property is a 6-unit apartment. Property generates $2,875 per month in rental income. All units are 2 bed, 1 bath and have separately metered electric. The property has had many recent updates, including: new roof, flooring, counter-tops, cabinets, toilets, bathtubs, sinks, and updated electrical/plumbing.

Location Description

Subject property is located just west of Downtown Springfield in a residential area. Property has access to everything Springfield’s business district has to offer.