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  • $225,000

    1418 5th St, Lincoln, IL 62656

    7beds
    4baths
    3,636sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $251,000 Zestimate®
    $62/sqft
    $-- HOA

    What's special

    Choice five unit aluminum sided single story apartment complex on a dead end street -- loads of privacy which makes this an even more desirable income producing property! Three units feature two bedrooms, living room, equipped eat-in kitchen, full hall bath, and an attached carport with adjacent private laundry facilities. Each two bedroom unit is rented for $550.00/month. Two units feature one bedroom, living room, equipped eat-in kitchen, full hall bath, and an attached carport with adjacent private laundry facilities. Each one bedroom unit is rented for $500.00/month. All five units are currently under an annual lease and feature separate gas forced air furnaces as well as separate central air conditioning units. Range/oven and refrigerators are owned by the property owner and will convey with property upon settlement -- washers and dryers are owned by tenants. Property owner currently pays water, sewer, garbage, and is responsible for lawn maintenance -- tenants currently are pay Ameren. Structure is on a concrete block crawlspace. Addresses are 1418 5th Street, Lincoln -- Apartments 1-5. Talk about a choice investment property -- this one is HOT and will NOT last long!

    Zillow last checked: 7 hours ago

    Listing updated: October 03, 2023 at 01:03pm

    Listed by:

    Seth A Goodman 217-737-3742,

    ME Realty

    Bought with:

    Seth A Goodman

    ME Realty

    Source: RMLS Alliance,MLS#: CA1024420MLS LogoOriginating MLS: Capital Area Association of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator, Water Heater
    • Laundry: Units Hook-Ups
    Features
    • Basement: Crawl Space
    Interior area
    • Total structure area: 3,636
    • Total interior livable area: 3,636 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport
    • Has carport: Yes
    Lot
    • Size: 0.53 Acres
    • Dimensions: 93 x 250
    • Features: Dead End Street
    Details
    • Parcel number: 1203603420

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1961

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lincoln
    • Subdivision: None
    Services availability
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