$115,000
$110,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
2,360 SqFt
SOLD DATE : 09/04/2024
Key Details
Sold Price $115,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,360 sqft
Price per Sqft $48
Subdivision Ogles
MLS Listing ID 24038253
Year Built 1909
Building Age 115
Lot Size 0.380 Acres
Property Description
Excellent opportunity for a first time investor or a seasoned investor. Each unit has 2 bedrooms and 1 bathroom along with storage and laundry hookups in the basement. The units are mirror images of each other and the vacant side can be shown immediately, the occupied side requires a minimum 24 hour notice. This property also has a handy two car garage and an extra lot to the south of the duplex. Garage can be rented and the lot can be built on. The vacant unit needs updating but should rent between $995 up to $1195 depending on the quality of upgrades and workmanship. Gross income is based on one unit at $995 and the other at $700. Gross expenses are estimated. Parcel #07-12.0-421-015, 215 South 59th St. included in price. Taxes and lot measurements are combined. Property is being sold 100% as is, all inspections are for buyer's information only. Buyer will be responsible for obtaining a city inspection after closing. Occupied unit is month to month and tenant pays all utilities.
Location
State IL
County St Clair-il
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Structure Type Frame,Steel Siding
Schools
Elementary Schools Harmony Emge Dist 175
Middle Schools Harmony Emge Dist 175
High Schools Belleville High School-West
School District Harmony Emge Dist 175
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
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Bought with Chad Doyle