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2003 E Roosevelt Avenue

Decatur, IL 62521
  • $55,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 6226811
Price Reduced
UPDATED: 155 min ago
$55,000
  • 2
    BEDS
  • 0.16
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 728
    SQFT
  • $76
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1927
County:
Area:

School Ratings & Info

School District:

Description

Great starter home or investment in desirable neighborhood near lake, Nelson Marina, The Devon Lakeshore Amphitheater, Splash Cove. Well-maintained property with new roofs and newer furnace. Great investment with high 20% cash on cash return, $2,500/year cashflow, 20% return on investment. Has consistently rented for $700/month. Assumptions for key investment metrics above can be found in Rental Property Worksheet attached to listing.

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© 2023 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2023-06-04T00:27:46.28.
www.mainplace.us/homes/138629169
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2003 E Roosevelt Avenue Decatur, IL 62521

  • Price: $55,000
  • Status: Active
  • On Site: 47 Days
  • Updated: 155 min ago
  • MLS #: 6226811
2
Beds
1
Baths
0
½ Baths
0.16
Acres
728
SQFT
$76
$/SQFT
1927
Built
Neighborhood:
Decatur
County:
Macon
Area:
Decatur
School District:
Decatur Dist 61
Property Description
Great starter home or investment in desirable neighborhood near lake, Nelson Marina, The Devon Lakeshore Amphitheater, Splash Cove. Well-maintained property with new roofs and newer furnace. Great investment with high 20% cash on cash return, $2,500/year cashflow, 20% return on investment. Has consistently rented for $700/month. Assumptions for key investment metrics above can be found in Rental Property Worksheet attached to listing.
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Vinylsiding Foundation Details Basement Garage YN Yes Levels One Parking Features DetachedGarage Patio And Porch Features EnclosedFrontporchPatio Road Surface Type Concrete Roof Asphalt Waterfront YN No

Interior Features

Above Grade Finished Area 728 Appliances GaswaterheaterRefrigerator Basement UnfinishedFull Basement YN Yes Below Grade Finished Area 0 Cooling Centralair Cooling YN Yes Fireplace YN Yes Fireplaces Total 1 Heating ForcedairGas Heating YN Yes Interior Features Mainlevelmaster Rooms Total 4

Property Features

Lot Size Dimensions irregular Possession Closing Property Sub Type Singlefamilyresidence Sewer Publicsewer Special Listing Conditions None Tax Annual Amount 871 Tax Legal Description L 0336 B 00 Lakeside Club & Lt 335 Irreg Tax Year 2021 Water Source Public Zoning Res

Listing information © 2023 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Tony Piraino of Brinkoetter, Realtors: 217-875-0555.


© 2023 Central Illinois Board of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Main Place Real Estate. Data last updated: 2023-06-04T00:27:46.28.
 
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Main Place Real Estate
101 S Main Street, Suite 700
Decatur IL, 62523