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618-277-4400

Excellent Multi-Family Investment Opportunity

$1,199,999

Listing Resources

Listing Description

Excellent Investment Opportunity – 100% Occupied

12 Total Units – 100% Occupied. Property consists of 6 Duplex Buildings with 1,000 SF – 2 Bedrooms / 1 Bathroom Units, 1 Car Garage, and Fireplace. Several units have been updated with new flooring, cabinets, lighting, and appliances.

Sale Price: $1,199,999

Listing Details

Settings
Listing No : 2042
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Building Size (Sqft) : 12,000 Sqft
Lot Size (Acres) : 2.26 Acre(s)
Sale Price : $1,199,999
CAP Rate : 7.54%
GRM : 8.50
NOI : $90,503.84
Building Total Sqft : 12,000 Sqft
Total Sqft Available : 12,000 Sqft
Min Divisible Sqft : 12,000 Sqft
Max Contiguous Sqft : 12,000 Sqft
Heating : HVAC
Cooling : HVAC
Parcel No : See Information Sheet
Zoning : Multi-Family
Zoning By : Fairview Heights
Property Tax : $32,912.16
Tax Year : 2017
Year Built : 2002
Total Acres Available : 2.26 Acre(s)
Min Divisible Acres : 2.26 Acre(s)
Acres : 2.26 Acre(s)
Interstate : I-64
Gross Rental Income : $140,592
Insurance : $4,426
CAM : $5,000
Utilities : $7,750

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