205 Walnut Street
Property Description
Excellent income property opportunity in Bartelso, Illinois - 205 & 207 Walnut Street offers a well-maintained duplex with two occupied units generating $2,600/month in current gross rent. Unit 205 is a spacious 3-bedroom, 3-bathroom unit with a full unfinished basement, currently rented at $1,600/month. Unit 207 is a 2-bedroom, 2-bathroom unit with a full unfinished basement, currently rented at $1,000/month. Net Operating Income of approximately $26,694/year at a 6.86% cap rate. Both units are tenant-occupied with below-market rents, providing immediate upside at lease renewal. Parcel No. (PIN): 13-12-17-101-008. Offered at $389,000. Tenant-occupied - do not disturb. Contact listing agent for showing instructions.
Broker Details
Real Broker, LLC (855) 450-0442
MLS ID: DREVERMA State License Number: 475.179348
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $339,000 |
| No. of Units: | 2 |
| Year Built: | 2002 |
| Lot Size: | 2,886.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $169,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 5 |
ID: 3yd-MARISMO-26054005
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