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Residential
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Apartment building, Rental Income, Investment Property
Multi Family Income prod House 4 unit, duplex or Quad
| Start Price |
USD 69,999.00 |
| Current Price |
USD 69,999.00 |
| Time Left |
- |
| Bid Count |
0 |
| Buy It Now Price |
- |
| Reserve Price |
- |
| Start Time |
Wednesday, August 06, 2008 |
| End Time |
Friday, September 05, 2008 |
| Location |
Mount Morris, Illinois |
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See more about 'Apartment building, Rental Income, Investment Property'
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Description
Great opportunity for investors. This updated apartment building is for you. Four one bedroom apartments all with seperate utilities. 3 units currently rented. Easy turn key property. Each unit has its own kitchen and bathroom. No boiler or expensive furnace to replace. Each unit has electric base board heat, no moving parts and very easy to replace if ever needed. Tenants pay there own electric, gas and cable. Landlord only provides water, sewer, garbage which is less than $50.00 per month!! This unit could be restored to either a huge single family home or even a duplex or triplex. You could live in one unit and have the tenants pay all your bills, Live Free! Units are always in demand and the city of Mt. Morris is clean and gang free. Rents are $350.00 each and are due for an increase! All units include newer refrigerators and stoves! New siding in 2005 New porch roofs in 2005 Many new energy efficient windows in 2006 New water main 2005 Brand new carpet and kitchen floor in unit 4 this year 2008!! A signed purchase contract will be required and a down payment must be made
Place a Bid!
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