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240 E State Street

Lovington, IL 61937
  • $125,000
  • STATUS: Active Under Contract
  • ON SITE: 38 Days
  • MLS #: 6226772
Under Contract
UPDATED: 22 min ago
$125,000
  • 0
    BEDS
  • 0.71
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Area:

School Ratings & Info

School District:

Description

Great investment opportunity! ~$32,400k annual rent and close to $14,200 net operating income! Unit 1 currently occupied but will be empty soon. Unit 2 currently leased for $950/mo (utilities included) , unit 3 currently leased for $950/mo (utilities included). There is on site coin laundry, large open lot and each unit has its own entrance. Units 1 and 3 are handicap accessible and the laundry area has access to the basement in case of bad weather. SHOWINGS can start 4/27

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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: 2023-06-04T13:27:59.813.
www.mainplace.us/homes/138906797
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240 E State Street Lovington, IL 61937

  • Price: $125,000
  • Status: Active Under Contract
  • On Site: 38 Days
  • Updated: 22 min ago
  • MLS #: 6226772
0
Beds
0
Baths
0
½ Baths
0.71
Acres
1975
Built
Neighborhood:
Lovington
County:
Moultrie
Area:
Lovington
School District:
Alah Dist 305
Property Description
Great investment opportunity! ~$32,400k annual rent and close to $14,200 net operating income! Unit 1 currently occupied but will be empty soon. Unit 2 currently leased for $950/mo (utilities included) , unit 3 currently leased for $950/mo (utilities included). There is on site coin laundry, large open lot and each unit has its own entrance. Units 1 and 3 are handicap accessible and the laundry area has access to the basement in case of bad weather. SHOWINGS can start 4/27
Exterior Features

Architectural Style Ranch Carport Spaces 0 Carport YN No Construction Materials BrickVinylsiding Exterior Features Handicapaccessible Foundation Details Basement Garage YN No Levels One Road Surface Type Gravel Roof Shingle Waterfront YN No

Interior Features

Above Grade Finished Area 0 Appliances GaswaterheaterOvenRefrigerator Basement FinishedPartial Basement YN Yes Cooling Centralair Cooling YN Yes Heating Forcedair Heating YN Yes

Property Features

Gross Scheduled Income 32400 Lease Considered YN Yes Operating Expense 20000 Owner Pays Allutilities Possession Closing Property Sub Type Triplex Sewer Publicsewer Special Listing Conditions None Tax Annual Amount 4822 Tax Legal Description All Blk 2 Ex N 75' Nathan Cheevers 1St Add & Vac Railroad St Immediatley E Thereof: Lot 240 X 138 3-28-19 19D-141 Tax Year 2021 Water Source Public Zoning Com

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: 2023-06-04T13:27:59.813.
 
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