Description
INVESTOR ALERT " TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s " the adjoin each other * 5 unit apt building at 118 S. Main itself is an Outstanding Value and Great Income Producer " amazing Cap Rate of approx. 13% based on Market Value of $175,000 for 118 S. Main * One Efficiency Apt. - $450 * Three 1BR, 1BA - $475, $425, $425 * One 2BR, 1 BA- $575 * Gross Operating Income: $29,100 * Coin operated laundry on 2nd floor shared with tenants in 116 S. Main * Plus Apt. #4 has w/d hookups * Tenants pay electric * Small garage in rear *
-
0BEDS
-
0.09ACRES
-
0BATHS
-
01/2 BATHS
-
2,795SQFT
-
$63$/SQFT
School Information
Description
INVESTOR ALERT " TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s " the adjoin each other * 5 unit apt building at 118 S. Main itself is an Outstanding Value and Great Income Producer " amazing Cap Rate of approx. 13% based on Market Value of $175,000 for 118 S. Main * One Efficiency Apt. - $450 * Three 1BR, 1BA - $475, $425, $425 * One 2BR, 1 BA- $575 * Gross Operating Income: $29,100 * Coin operated laundry on 2nd floor shared with tenants in 116 S. Main * Plus Apt. #4 has w/d hookups * Tenants pay electric * Small garage in rear *
Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-06-01T23:39:14.997.
Hartmann Realtors Inc.: (618) 344-7900
Listing provided courtesy of Edge Realty: 3358111. Listing information © 2023 Mid America Regional Information Systems, Inc.