$85,000
$109,500
22.4%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
6,534 Sqft Lot
SOLD DATE : 01/29/2024
Key Details
Sold Price $85,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11949378
Sold Date 01/29/24
Style Colonial
Bedrooms 5
Year Built 1900
Annual Tax Amount $1,674
Tax Year 2022
Lot Size 6,534 Sqft
Lot Dimensions 55 X 123.5
Property Description
This is a great two unit property! 3 bed/2 bath on the main level; 2 bed/1 bath in the lower unit. It has had a lot of updates over the last 8 years: lower unit updates include a new furnace, new flooring/paint, a clawfoot tub in the bathroom, and kitchen cabinets. Upper unit updates include a full renovation - new flooring/paint, appliances, cabinets, kitchen countertop, bath vanities, faucets/fixtures, toilets, water heater, and replacement vinyl windows. Roof is 2013. Each unit has washer/dryer hookups. It has stable cash flow, long-term tenants, low property taxes, and tenant-paid utilities. It would be a strong addition to a real estate portfolio - either new or existing. $1,425/mo ($17,100/year) in rental income.
Location
State IL
County De Witt
Area Clinton
Zoning MULTI
Rooms
Basement Walkout
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
Roof Type Asphalt
Parking Type Unassigned
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Clinton Elementary School
Middle Schools Clinton Junior High School
High Schools Clinton High School
School District 15 , 15, 15
Others
Ownership Fee Simple
Special Listing Condition None
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