231 W Illinois Street
Property Description
GREAT OPPORTUNITY to acquire this immediate cash flow property - This property is being sold AS IS - Income producing duplex generating $2,200/month ($26,400/annually) in gross rental income. 6.98% CAP rate & 10.4 GRM. Both units currently occupied! Featuring two units: 1 bedroom, 1 bath ($1,000/month) and a 2 bedroom, 1 bath ($1,200/month). Property includes washer and dryer hookups. Area known for strong rental market and increasing rent prices!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $235,000 |
| No. of Units: | 2 |
| Year Built: | 1946 |
| Lot Size: | 1,293.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $117,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-TARAZ-22619450
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