4120 Glendale Dr. Springfield IL (Active)

$152,000
Price
4
Bedrooms
4
Baths
1,920
Square Feet

This is an easy INCOME Opportunity for a new or an experienced investor.  4120 & 4122 Glendale Dr is a side-by-side fully rented duplex in Franklin Park subdivision.  Franklin Park is an established subdivision on Springfield’s South side and is close the Lake Springfield, highway access, shopping, restaurants and coffee shops.  4120 Glendale is located on a nice looking block of homes and is deceiving to the eye. This stately looking property appears to be a single family home. This is due to the large pillars and the location of the garages.  Each unit has a roomy 2 car private garage, but one garage is on the front, and the other unit has a side load garage.

Historically,  the vacancy rate of this investment opportunity is  VERY low and  Currently, both units are rented on 1 year lease. Tenants have been there for 12 and 3 years. Each side is a 2 Story units with 2 beds & 1.5 baths. Another plus to tenants are the 2 closets in each bedroom, and one of them is a walk-in.

4120 pays $725 & 4122 pays $750 rent. Roof is 4 yrs old, New gutters were installed also n 2017. Replaced Ac in 4120 (4 yrs ago), 4122 AC has all newer parts. All electric, tenant pays all utilities.

Make an offer and slide right more income!  Much of the work has been done and tenants are currently happy where they are.

Pre-Approved buyers only.