Total monthly income: $2,390 for annual potential of $31,070. (3 units @ $425/mo, 2 units @ $395/mo, and 1 unit @ $325/mo) Building is currently fully leased. 6 unit building all one bedroom units. 3 on main floor and 3 on 2nd floor. Interior door locks with tenants having code to get in front door. Coin operated washer/dryer for extra owner revenue. Rent is lower in one unit as that tenant does all the common area cleaning.
Off market
$207,500
500 W Clinton Ave, Effingham, IL 62401
--beds
0baths
3,920sqft
5-10 Units
Built in 1903
-- sqft lot
$207,500 Zestimate®
$53/sqft
$910 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Other, Gas
Cooling
- Other
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Interior area
- Total interior livable area: 3,920 sqft
Property
Lot
- Size: 9,583 sqft
Details
- Parcel number: 0316039048
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5-10 Units
Condition
- Year built: 1903
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Effingham
Other
Other facts
- Appliances: Range, Refrigerator, Dryer, Washer
- Carport Spaces: 0
- Hookups In Bldg YN: 1
- Hookups In Unit YN: 0
- Lake Front YN: 0
- Lease YN: 1
- Possession: At Close
- Roof: Shingle
- Sewer Desc: City Sewer
- Water Source: Public
- Zoning: R-3
- Cooling: Window
- Water Heater: Gas
- Heating: Gas
- Style: Other
- Property Sub Type: 5-10 Units
- Garage Spaces: 0.00
- Tax Year: 2020
- Gas Avg: 232.00
- Tax Amount: 3756.00
Services availability
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