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For sale
  • Price cut: $14K (4/7)
    $295,000

    206 W Edwards St, Payson, IL 62360

    --beds
    0baths
    --sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $293,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Picnic tableNew mailboxesNew windowsCharcoal grillCentral airNew flooringNew tile
    Incredible investment opportunity! This 4 unit apartment complex is conveniently located in Payson, Illinois just 15 minutes from Quincy, Illinois. The property currently offers $39,000 in yearly income from the 4 apartments offering over a 12% gross ROI at asking price! All the units are currently rented with great renters & all units have many recent updates in the past few years (listed below). All units have their own central air & furnace. If you are looking for a great investment property give us a call! Recent Upgrades: Apartment 1: Air conditioner / Stove / Range Hood / Tile-Laminate / Carpet In Larger Bedroom / Most Interior Doors / 4 Windows / Railing On Porch / Faucets / Lighting / Trim / Shelving / Paint / Bathroom Ceiling Apartment 2: New Flooring / New Tile / Three New Windows / Doors / Lighting / Toilet / Shelving / Paint / Trim / Ceilings Apartment 3: All New Flooring / Drywall / Ceilings / Tub / Vanity / Doors / Furnace / Air conditioner / Lighting / Water Heater / Trim / Shelving / Paint Apartment 4: Flooring In Kitchen / Faucets / Closet Doors / Paint Outside: New Shared Patio / Charcoal Grill / Picnic Table / New Mailboxes
    50 days
    on Zillow
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    176
    |
    8
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    Zillow last checked: 7 hours ago

    Listing updated: April 07, 2025 at 07:05am

    Listed by:

    217-316-2578,

    Hometown Real Estate

    Source: My State MLS,MLS#: 11445829
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 206 W Edwards St.

    Next available tour time:Today at 2pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Basement
    • Area: 0
    Heating
    • Has Heating (Unspecified Type)
    Features
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 0
    • Finished area above ground: 0

    Property

    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 180046100000
    • Lease amount: $0

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 0

    Utilities & green energy

    • Electric: Amps(0)

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Payson

    Financial & listing details

    • Tax assessed value: $116,040
    • Annual tax amount: $2,627
    • Date on market: 3/6/2025
    • Date available: 03/04/2025
    • Listing agreement: Exclusive
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