19478 SPRINGFIELD Road
Property Description
Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
Broker Details
R & R REALTY (309) 696-7628
MLS ID: PAP1002615 State License Number: 471009760
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $564,900 |
| No. of Units: | 5 |
| Year Built: | 1979 |
| Opportunity Zone: | No |
| Price per unit: | $112,980 |
| Property Website | Click Here |
| Number of Bedrooms: | 2 |
| Number of Bathrooms: | 5 |
ID: 3yd-PAARIL-PA1257871
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