19% CAP RATE= AN EXCELLENT INVESTMENT OPPORTUNITY! If you are looking to grow your investment portfolio and income, keep reading! 9 unit apartment complex with off street parking lot and laundry facilities located in the building. There are six- 2 bedroom/1 bathroom apartments and three- 1 bedroom/1bathroom apartments. Each unit is all electric and tenant pays electric bill for their unit. Landlord pays water/sewer/garbage & gas bill for hot water heater. Several units have been updated with new carpet & plumbing. Stove and refrigerator in each unit are owned by landlord. Easy to rent, call for more information!
Off market
Zestimate®
$231,400
2 Seminary St, Mount Morris, IL 61054
--beds
0baths
2,900sqft
MultiFamily
Built in 1929
-- sqft lot
$231,400 Zestimate®
$80/sqft
$1,054 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Gas
Cooling
- Wall
Appliances
- Included: Refrigerator
Interior area
- Total interior livable area: 2,900 sqft
Property
Parking
- Total spaces: 25
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1929
Utilities & green energy
- Sewer: City
Community & neighborhood
Location
- Region: Mount Morris
Other
Other facts
- APPL STAY/INCL: Stove/Cooktop, Refrigerator
- GENERAL FEATURES: Laundry in Building, Elevator
- ROOF: Shingle
- Separate Utilities: Yes
- Water Heater: Gas
- Water: City
- Sewer: City
- Sale/Rent: For Sale
- Financial Info: Estimate
- EXTERIOR: Siding
- HEATING: Electric, Baseboard
- COOLING: Window Unit
- Type: 5+ Units
- Style: 2 Story
- Street Designation: Street
- Legal Description: PER TITLE