Seller financing
Seller-Financed Deal · 3BR/2.0BA · Springfield, IL
508 S 8th St, Springfield, IL · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths5 / 3.5
Living area2,240 sqft
Lot0.2 acres
Year built1978
About this deal
No bank needed. Seller offering creative terms on this single-family home located at 508 S 8TH ST, Springfield, IL. Purchase price $155,000. Flexible down payment, negotiable rate, clean title. Seller is motivated and the process is straightforward.
The numbers
- Cap rate
- 8.8%
- Net operating income
- $19,656/yr
- Cash flow
- +$1,638/mo
- Occupancy
- 3 of 4 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.