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Key Details
Sold Price $126,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,080 sqft
Price per Sqft $30
Subdivision Na
MLS Listing ID 23018065
Sold Date 11/21/23
Lot Size 4,800 Sqft
Acres 0.1102
Lot Dimensions 96 x 50
Property Sub-Type Multi-Family 5+
Property Description
PRICE REDUCED! INVESTMENT OPPORTUNITY! 6 plex in Mt Olive with 4 tenant occupied and two units in need of TLC/full renovation to be able to rent. Right off of Main street, add this stable income to your portfolio. Current rents total $2000! Second floor units may be converted to two bedrooms with renovations. Main floor units - Fresh painting, newer windows and vinyl plank flooring throughout in most units. Some updates to electrical, plumbing throughout and furnaces within units. Roof repairs in spring 2023. Street parking available. Each unit has refrigerator, and stove. Affordable housing and stable income. Two 2 bd/1ba - $650. One 1 bd/1ba - $450. 1 bd/1ba - $250 (grandfathered). Tenants pay own utilities including electric, gas, water and sewer. At least main level units available for showing, with other occupied units available with accepted contract. Min 24 hour notice for showings. Building being sold as-is. Buyer to verify all MLS details.
Location
State IL
County Macoupin-il
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry No Laundry Facil.
Building
Sewer Public Sewer
Water Public
Structure Type Brick Veneer
Schools
Elementary Schools Mount Olive Dist 5
Middle Schools Mount Olive Dist 5
High Schools Mt Olive Community High School
School District Mount Olive Dist 5
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition Renovated, None
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Bought with Michael Fix