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618-277-4400

Multi-Family Investment

$224,900

Listing Resources

Listing Description

Multi-Family Property

Fully Occupied 4-Family Complex for Sale. (4) 2 Bed/1 Bath Units with carports and storage lockers.

Property is located at the corner of Lincoln Trail and Potomac Drive at a lighted intersection. Surrounded by retail, restaurants, gas stations and the Rec Plex.

Sale Price: $224,900

Listing Details

Listing No : 2836
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Sale Price : $224,900
CAP Rate : 7.80%
GRM : 7.60
NOI : $17,656
Heating : HVAC
Cooling : Central
Parcel No : 03-29.0-206-071
Zoning : Multi-Family
Parking : 8 Spaces
Parking Surface Type : Asphalt
Property Tax : $5,374
Tax Year : 2022
Year Built : 1982
Roof : Shingle
Exterior : Brick
Floors : 2
Gross Rental Income : $29,280
Insurance : $2,500
CAM : $3,000
Utilities : $750

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