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657 W Main Street

Decatur, IL 62522
  • $274,900
  • STATUS: Active
  • ON SITE: 32 Days
  • MLS #: 6224971
UPDATED: 201 min ago
$274,900
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:
Area:

School Ratings & Info

School District:

Description

Cashflow from Day 1 with the ALL-Brick 10 unit within half a mile from Millikin University. Two 1-bedroom units, and 8 Efficiencies. Each unit has forced air and newer heating and cooling wall systems. Separate meters for all units. Some units have been updated and Gross Potential Rents are $4,575. Actual rents are $3300 as owner has just finished updating 3 vacant units which could help new owner raise rents for instant VALUE ADD potential. 2020 150 Gallon Water Heater. Improvements since 2008-replacement windows, refurbished baths, fire alarm system, electrical, flooring and parking lot in back to name a few. Great for first time or seasoned investor.

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© 2022 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: 2022-12-05T00:27:51.62.
www.mainplace.us/homes/134485799
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657 W Main Street Decatur, IL 62522

  • Price: $274,900
  • Status: Active
  • On Site: 32 Days
  • Updated: 201 min ago
  • MLS #: 6224971
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1979
Built
Neighborhood:
Decatur
County:
Macon
Area:
Decatur
School District:
Decatur Dist 61
Property Description
Cashflow from Day 1 with the ALL-Brick 10 unit within half a mile from Millikin University. Two 1-bedroom units, and 8 Efficiencies. Each unit has forced air and newer heating and cooling wall systems. Separate meters for all units. Some units have been updated and Gross Potential Rents are $4,575. Actual rents are $3300 as owner has just finished updating 3 vacant units which could help new owner raise rents for instant VALUE ADD potential. 2020 150 Gallon Water Heater. Improvements since 2008-replacement windows, refurbished baths, fire alarm system, electrical, flooring and parking lot in back to name a few. Great for first time or seasoned investor.
Exterior Features

Carport Spaces 0 Lake Front Yn No Roof Other

Interior Features

Appliances Dishwasher Cooling Wall Hookups In Bldg Yn Yes Hookups In Unit Yn No Total Above Grade Sqft 0

Property Features

Gas Avg 2400.00 Gross Scheduled Income 3300.00 Lease Yn Yes Lot Size Square Feet 7600.00 Operating Expense 0.00 Owner Pays Common Area MaintenanceSewerTaxesLawnSnow RemvlTrash RemvlWater Property Sub Type 5-10 Units Sewer Desc City Sewer Special Listing Conditions None Subdivision Yn No Tax Amount 3863.00 Tax Year 2020 Water Heater Gas Water Source Public Zoning R-6

Listing information © 2022 Central Illinois Board of Realtors MLS.
Listing provided courtesy of Kristen Dilley of Exp Realty Llc: 765-585-4606.


© 2022 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: 2022-12-05T00:27:51.62.
 
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Main Place Real Estate
101 S Main Street, Suite 700
Decatur IL, 62523