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$89,000   Price Analysis
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515 N Maple St
Lincoln, IL 62656
Unknown bed 2 bath 1,920 SqFt ($46/SqFt)
4,032SqFt lot. Built 1883
Listed 2022-12-09, Taxes $1,218
USDA Eligible
near Lincoln, IL
 

Stately two story vinyl sided duplex situated in an ultra convenient spot!

Main floor of each unit consists of a living room as well as a kitchen. Upper level of each unit features a landing area, large bedroom and a full hall bath. Property also features a basement (exterior ccess only), covered front and rear porch areas, replacement windows, two newer furnaces, two newer water heaters, newer plumbing and electrical -- the list goes on. Units currently rented for $700.00/month and $725.00/month. Live in one side and rent the other -- or rent both and see a positive cash flow each month!

Opportunity knocks!


Presented by SETH A. GOODMAN, Broker/Owner at
ME Realty.
Listing Agent Photo

Property MLS #CA1019552 from RMLSAlliance

Laundry Features: Units Hook-Ups

Basement Features: Unfinished

Full Bathrooms: 2

Heating Features: Forced Air, Gas, Window Unit(s)

Lot Description: Level
Lot Size Acres: 0.092562
Lot Size Dimensions: 56X72
Lot Size Square Feet: 4032

Parking Features: On Street

Number of Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Unit 1 Total Actual Rent: 700
Unit 2 Total Actual Rent: 725

High School: Lincoln

Central Elementary School is a public elementary school located approximately 0.3 miles away.
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Lincoln Jr High School is a public middle school located approximately 0.3 miles away.
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Lincoln Community High School is a public high school located approximately 0.9 miles away.
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Carroll Catholic School is a private elementary and middle school located approximately 0.1 miles away.
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Tenant Pays: All Utilities

Annual Tax Amount: 1253.400000000
Source Listing Status: Active
County: Logan
Directions: Property is located at 515-517 N. Maple Street, Lincoln.
Tax Year: 2023
Source Property Type: Residential Income
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 12-308-013-00
Property Subtype: Residential Income
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$8,920 + $3,610
$12,530
$1,218
2021$8,590 + $3,480
$12,070
$1,177
2020$8,590 + $3,480
$12,070
$1,180
2019$8,420 + $3,410
$11,830
$1,154

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Net Operating Income: -1253

Year Built: 1883
Building Area Total: 1920
Construction Materials: Vinyl Siding
Foundation Details: Brick
Property Age: 141
Roof: Metal, Shingle
Structure Type: Two or More Story

Water Source: Public Sewer, Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.