IL > O'fallon > Helms Assessment
O'fallon, IL 62269,202 S 2nd ST
O'fallon, IL 62269,202 S 2nd ST
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Ramsey Stewart, REALTOR

Ramsey Stewart, REALTOR

+1(417) 650-5364
$ 90,000
Est. payment | /mo

2 Beds

2 Baths

1,488 SqFt

Save
$ 90,000
Est. payment | /mo
Save

2 Beds

2 Baths

1,488 SqFt

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,488 sqft

Price per Sqft $60

Subdivision Helms Assessment

MLS Listing ID 24062624

Style Other

Bedrooms 2

Full Baths 1

Half Baths 1

Construction Status 117

Year Built 1907

Building Age 117

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 75x125

Property Description

This rental property is a great investment opportunity. It is currently rented for $855/month and has long-term tenants of 10+ years. The lease is in place through July 2025. The home offers one bedroom on the main level, along with a living room, dining room, kitchen, and a full bathroom. Upstairs, you'll find another bedroom, a half bath, and a bonus room used as a third bedroom. Please note that no interior photos are available due to tenants' rights. The property is being sold in **as-is** condition, with repairs and updates needed once the tenants vacate. Estimated after-repair value (ARV) ranges between $130K and $150K, conservatively. The seller has an assumable mortgage rate of 4.12% with Wells Fargo, offering a potential financing advantage for buyers. Please do not disturb tenants. No Showings will be allowed until a conditional offer is accepted.

Location

State IL

County St Clair-il

Rooms

Basement Block, Unfinished

Interior

Interior Features Historic/Period Mlwk, Window Treatments, Some Wood Floors

Heating Forced Air

Cooling Wall/Window Unit(s), Ceiling Fan(s), Electric

Fireplaces Type None

Fireplace Y

Appliance Dishwasher, Microwave, Range, Refrigerator

Exterior

Garage false

Waterfront false

Parking Type Off Street

Private Pool false

Building

Lot Description Fencing, Level Lot, Streetlights

Story 1.5

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One and One Half

Structure Type Aluminum Siding

Construction Status 117

Schools

Elementary Schools Shiloh Village Dist 85

Middle Schools Shiloh Village Dist 85

High Schools Ofallon

School District Shiloh Village Dist 85

Others

Ownership Private

Acceptable Financing Assumable, Cash Only, Conventional

Listing Terms Assumable, Cash Only, Conventional

Special Listing Condition No Exemptions, None

Listed by Courtney Marsh • Red Door Realty Group Inc
agent-avatar

+1(417) 650-5364

ramseystewart1@gmail.com

716 N 22nd St, Ozark, MO, 65721

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