769 State, Wood River, IL 62095

$125,000
1,435
SqFt
Sold Price
$125,000
List Price
$135,000
Closing Date
Apr 04, 2018
Days on Market
6
MLS#
18015969
Status
SOLD
Sq. Ft. Above
1,435
Price Per Sq. Ft
87.11
Year Built
1940
Age
78
Subdivision
Not in a Subdivision
Municipality
Wood River
County
Madison-IL
Listing Type
Multifamily

Property Description

This property has a 4 unit duplex and a three room 480 sq ft house in the back. All 5 units are rented and leases in place. They rent currently for $450.00 a month and a couple of those are going up to $460.00 in April and May. This owner has owned this property for 22 years and has had some of the same tenants all these years cause she takes great care of all her buildings. A couple of these units have newer central air. The top two have updated electrical service. Entire building has newer windows that are 2-3 years old. Three of the units have updated furnaces and A/C units replaced within the last 2 years. Roof is approximately 10 years old on the apartment building and house roof is approximately 15 years old. This is a great income producing property that will not last long!

Additional Information

Gross Operating Income
2250
Total Expenses
$450
School District
East Alton-Wood River DIST 14
Elementary School
EAST ALTON-WOOD RIVER DIST 14
Jr. High School
EAST ALTON-WOOD RIVER DIST 14
Sr. High School
East Alton/Wood River
Construction
Fl Brick/Stn Veneer
Parking Description
Additional Parking, More Than 1 Spc/Unit, Off Street
Operating Expenses
Lawn Care, Maintenance
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Gas
Taxes Paid
2941
Selling Terms
Cash, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Tarrant and Harman Real Estate and Auction Co. Selling Office: .

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