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28164310
28164311

212 W LAUREL Street, Springfield, IL 62704

The Real Estate Group
The Real Estate Group, Inc.
Listed by The Real Estate Group, The Real Estate Group, Inc.
$123,000
213 days on market
Updated 43 days ago

212 W LAUREL Street

Details
APN 22-04.0-253-033
Property Type Retail
Sub Type Storefront
Square Footage 3,254
Units 4
Cap Rate 13.57%
NOI $16,687
Occupancy 100%
Tenancy Multi
Lease Type NNN
Remaining Term 2
Price per SqFt $38
Buildings 1
Lot Size (SqFt) 11,648
Zoning S1

Great Investment Property with four separate units, all units are fully rented

Marketing description

Great Investment Property with four separate units, all units are fully rented with great stable incomes, six years flat rubber roof, tenants pay all their utilities, owner pays the trash removal and groundskeeping, zone changed from R5B to S1 to allow small retail business. Broker Owned.

Investment highlights

Great Investment Property with four separate units, all units are fully rented with great stable incomes, six years flat rubber roof, tenants pay all their utilities, owner pays the trash removal and groundskeeping, zone changed from R5B to S1 to allow small retail business.

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Listing Contacts

The Real Estate Group
The Real Estate Group, Inc.
Listed by The Real Estate Group, The Real Estate Group, Inc.

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$16,687.00
$1,390.58/mo

Valuation Metrics

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DSCR
13.57%
Cap Rate
13.57%
ROI

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