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410 N Locust Greenville, IL 62246
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Key Details
Sold Price $140,000
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
Square Footage 2,470 sqft
Price per Sqft $56
Subdivision Not In A Subdivision
MLS Listing ID 24034309
Sold Date 07/17/24
Construction Status 114
Year Built 1910
Building Age 114
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60x99
Property Description
If you have ever considered life as a landlord, this family-owned 4-plex is a fantastic start (or addition) to your income property portfolio. Completely rented, this property features four 1-bedroom apartments, each with their own furnace, water heater, & utility service. Each renter also has a specified storage area in the shared basement. In addition to the hassle-free way the property has been split into rentals, it has another real perk: the potential for more & more income in the future. One of the apartments has been nicely updated, while the other three are in need of a facelift. As tenants move out (& as you have the time/funds), you can make cosmetic changes to Apartments A, B, & D and then raise the rents accordingly. With this in mind, the sellers are offering a $6,000 credit at closing to be put towards new flooring in these three apartments or other upgrades the new owner might want to make.
Location
State IL
County Bond-il
Interior
Heating Forced Air
Cooling Window Unit(s)
Fireplace N
Appliance Some Refrigerator(s), Some Range Oven(s), Some Wall to Wall Carpet
Exterior
Parking Type Carport - 1-2 Car, Covered, Off Street
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Construction Status 114
Schools
Elementary Schools Bond Dist 2
Middle Schools Bond Dist 2
High Schools Greenville
School District Bond Dist 2
Others
Ownership Private
Acceptable Financing Cash Only, Conventional, Other
Listing Terms Cash Only, Conventional, Other
Special Listing Condition No Exemptions, None
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Bought with Annita Jackson