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554 & 562 W Main Street

Decatur, IL 62522
  • $450,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 6240210
UPDATED: 68 min ago
$450,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Ratings & Info

School District:

Description

Multi-Family Package For Sale! Featuring a 7-Unit & Duplex, next door to each other! 554: 7-Unit 100% Occupied with leased tenants! Each unit metered individually. Washer/Dryer's in units. This building was completely remodeled in 2010. Boasting many modern updates & features, such as: sewer line, electrical, HVAC, water heaters, kitchens, bathrooms w/ tile flooring, LVP flooring, windows, carpet, light fixtures, much more! 562: Full Brick Duplex. Currently Vacant, but Ready to rent! A ton of updates, including: Newly Updated bathrooms and kitchens, New Plumbing throughout, New Double-pane windows, New ceramic tile in kitchen and entryways. 10 year old boiler, flushed recently, Updated electrical throughout. Units are separate metered. Roof less than 10 years old. Comes with Completed Home Inspection and Completed repair work. This multi-unit package is truly the definition of 'Turn-Key'. For more information and/or questions: contact us today!

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© 2024 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: 2024-03-01T09:27:44.78.
www.mainplace.us/homes/147561838
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554 & 562 W Main Street Decatur, IL 62522

  • Price: $450,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 68 min ago
  • MLS #: 6240210
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1925
Built
Neighborhood:
Decatur
County:
Macon
Area:
Decatur
School District:
Decatur Dist 61
Property Description
Multi-Family Package For Sale! Featuring a 7-Unit & Duplex, next door to each other! 554: 7-Unit 100% Occupied with leased tenants! Each unit metered individually. Washer/Dryer's in units. This building was completely remodeled in 2010. Boasting many modern updates & features, such as: sewer line, electrical, HVAC, water heaters, kitchens, bathrooms w/ tile flooring, LVP flooring, windows, carpet, light fixtures, much more! 562: Full Brick Duplex. Currently Vacant, but Ready to rent! A ton of updates, including: Newly Updated bathrooms and kitchens, New Plumbing throughout, New Double-pane windows, New ceramic tile in kitchen and entryways. 10 year old boiler, flushed recently, Updated electrical throughout. Units are separate metered. Roof less than 10 years old. Comes with Completed Home Inspection and Completed repair work. This multi-unit package is truly the definition of 'Turn-Key'. For more information and/or questions: contact us today!
Exterior Features

Attached Garage YN No Carport Spaces 0 Carport YN No Construction Materials Brick Vinyl Siding Foundation Details Basement Garage YN Yes Levels Two Parking Features Detached Garage Road Surface Type Asphalt Roof Shingle Waterfront YN No Window Features Replacement Windows

Interior Features

Above Grade Finished Area 0 Appliances Dryer Gas Water Heater Range Refrigerator Range Hood Washer Basement Unfinished Full Basement YN Yes Cooling Central Air Window Units Cooling YN Yes Heating Forced Air Gas Hot Water Heating YN Yes

Property Features

Gross Scheduled Income 44380 Lease Considered YN Yes Net Operating Income 30413 Operating Expense 13966 Owner Pays Common Area Maintenance Exterior Maintenance Grounds Care Snow Removal Taxes Possession Closing Property Sub Type Multi Family Security Features Security System Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4857 Tax Legal Description L 0008 B 07 WESTERN ADD 95 BK2624 /551 TIF 150 X60 Tax Year 2022 Water Source Public Zoning MUN

Listing information © 2024 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Austin Deaton of Brinkoetter, Realtors: 217-875-0555.


© 2024 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: 2024-03-01T09:27:44.78.
 
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Main Place Real Estate
101 S Main Street, Suite 700
Decatur IL, 62523