Pending

410 Locust Greenville IL 62246

$156,000.00 Greenville, IL 62246
  • 0.14 Acres
  • Bond County

Description

If you have ever considered life as a landlord, this family-owned 4-plex is a fantastic start (or addition) to your income property portfolio. Completely rented, this property features four 1-bedroom apartments, each with their own furnace, water heater, & utility service. Each renter also has a specified storage area in the shared basement. In addition to the hassle-free way the property has been split into rentals, it has another real perk: the potential for more & more income in the future. One of the apartments has been nicely updated, while the other three are in need of a facelift. As tenants move out (& as you have the time/funds), you can make cosmetic changes to Apartments A, B, & D and then raise the rents accordingly. With this in mind, the sellers are offering a $6,000 credit at closing to be put towards new flooring in these three apartments or other upgrades the new owner might want to make.

Key Features

  • Property Type Multi-Family, Residential Income
  • Acres 0.14 Acres
  • Minerals Call for more info
  • MLS # 24034309

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