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Key Details
Sold Price $260,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 3,960 sqft
Price per Sqft $65
MLS Listing ID 24008913
Sold Date 03/29/24
Construction Status 61
Year Built 1963
Building Age 61
Lot Dimensions 50x108x50x117x50x108
Property Description
You don't want to miss this amazing well maintained investment property package! This property includes three parcels. Two excellent condition buildings and a large parking lot. with 3 garages total. Pride of ownership really shows here and this is a must see for any investor wanting to add to their portfolio. One building contains 4 one bedroom units with rent as follows 205A= $450, 205B= $475,= 205C=$400, 205D=$475, and on the other building contains 3/1 bedroom unit 201E=4475, 201F=$475, 201G=$490, and the H Garage is rented for $125. Property has much more room for rental income growth as rents are under market. Property also includes a large parking lot as one of the parcels and 3 garage total with one producing an income at this time. Property also features an office in the basement and lots of storage for tools and supplies. This is a must see! Make your appointment today. All tenants are long term and month to month tenancy. Average length of tenancy is 6.57 years.
Location
State IL
County Madison-il
Interior
Heating Forced Air, Radiant Floor
Cooling Wall Unit(s), Electric
Fireplace N
Laundry Lndry Connect Sm Un
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer,Cedar
Construction Status 61
Schools
Elementary Schools Wood River-Hartford Dist 15
Middle Schools Wood River-Hartford Dist 15
High Schools East Alton/Wood River
School District Wood River-Hartford Dist 15
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
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Bought with Default Zmember
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- Town & Country
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