412 Madison

    Madison, IL 62060
    • $229,900
    • STATUS: Active
    • ON SITE: 62 days
    • ID#: 20007246
    UPDATED: 17 min ago
    $229,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,920
      SQFT
    • $47
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1970
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    AMAZING INVESTMENT OPPORTUNITY!!! This building brings in approx $2900.00 a month!!! 6 unit apartment building with 4- 1 Bedroom units about 600 Sqft each and 2 -2 bedroom units about 1200 Sq ft each!! Each unit has laundry hookups. One of the 2 bedroom units has 2 bathrooms. The entire building has been renovated over a 10 year time period! Some Hvac systems less than 10 years old, newer double-pane windows (10 yrs) 100 amp each unit (10 years) New guttering and architectural roof (3 years)Low maintenance carpeting and Laminate throughout. Building has off-street parking on its own parking lot. Don't miss the excellent source of income!!

    Monthly Payment Calculator

    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-04-08T07:48:39.737.

    Parson Realty Group: 314-614-9731
    www.parsonrealtygroup.com/homes/102937314

    412 Madison Madison, IL 62060

    • Price: $229,900
    • Status: Active
    • Updated: 17 min ago
    • ID#: 20007246
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,920
    SQFT
    $47
    $/SQFT
    1970
    Built
    Neighborhood:
    None
    County:
    Madison
    Elementary School:
    Madison Dist 12
    Middle School:
    Madison Dist 12
    High School:
    Madison
    School District:
    Madison Dist 12
    Property Description
    AMAZING INVESTMENT OPPORTUNITY!!! This building brings in approx $2900.00 a month!!! 6 unit apartment building with 4- 1 Bedroom units about 600 Sqft each and 2 -2 bedroom units about 1200 Sq ft each!! Each unit has laundry hookups. One of the 2 bedroom units has 2 bathrooms. The entire building has been renovated over a 10 year time period! Some Hvac systems less than 10 years old, newer double-pane windows (10 yrs) 100 amp each unit (10 years) New guttering and architectural roof (3 years)Low maintenance carpeting and Laminate throughout. Building has off-street parking on its own parking lot. Don't miss the excellent source of income!!
    Exterior Features

    Building Desc Apt/Interiorentrance Construction Fl Brick/Stn Veneer Lot Dimensions 66 X 112.5 Parking Description Off StreetOpen Lot

    Interior Features

    Cooling Central-ElectricCentral-Gas Heat Source ElectricGas Heating Forced Air Water Heater ElectricGas

    Property Features

    Association Greater Gateway Association Of Realtors Cable Available Yes Conditions Unknown Disclosures Sellers Discl Not Av Fixed Expenses None Gross Operating Income 2900.00 Net Income 1600.00 Operating Expenses Other Ownership Private Possession At Closing Possible Buyer Fees YN No Property Type Multi-Family 2-4 Selling Terms CashConventional Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source County Records Tax Year 2016 Taxes Paid 2946 Tenancy Type Leases Tenant Pays All UtilitiesCable Tv/SatelliteElectricGasTrash RemovalWater Total Expenses 1300.00 Transaction Type Sale Type Of Units 4-Family Water Public

    Listing provided courtesy of Re/Max Alliance. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-04-08T07:48:39.737.

    Parson Realty Group: 314-614-9731
     
    Parson Realty Group
    856 Waterbury Falls Dr
    O'Fallon MO, 63368