Active

5 Beverly Ln, Marissa, IL

4-Unit Apartment – Investment opportunity

$50,000.00 Marissa, IL 62257
  • 0.11 Acres
  • St. Clair County

Description

Address: 5 Beverly Ln, Marissa, IL 62257

Check out this 4 unit apartment complex that is currently set up as 1 bed / 1 bath units. Property includes an off-street parking area for tenants and is also a block away from Dollar General. Repairs are needed, but there is potential for quick cash flow since one unit at a time could be updated and rented out while work on the remaining units are completed. There is only 1 water meter going to the property.  Could be a great investment opportunity!

  • Square Footage: 2100  (Estimated)
  • Lot Size: 0.11 (source: County)
  • Heating: Electric Baseboards
  • Cooling: Electric Window Units
  • Water Heater: Electric
  • Crawlspace
  • Utility Providers
    • Water ~ Marissa
    • Sewer ~ Marissa
    • Electric ~ Ameren
    • Gas ~ Ameren
  • Marissa School District
  • Drive Times:
    • St. Louis - 52 Min
    • Sparta - 15 Min
    • Chester - 35 Min
  • Measurements
    • Living Room  13’ x 13’
    • Kitchen 8’ x 7’
    • Bedroom 9’ x 11’
    • Bathroom 8’ x 5’
  • Title company: Arbiter
  • Financing: Cash, Conventional

Directions:  Turn north off 13 onto N Bess, then turn right onto Beverly Ln. Property is half way down the street to your left.

Parcel(s): 21-22.0-319-019

Taxes: 2022 - $1,583.64

 

P# 717  /  MLS #  23073380

LISTED by Property Peddler Inc.

Brad Chandler - Broker/Auctioneer- 618-791-3289

Useful Documents

Property Map

Contact Us

  • This field is for validation purposes and should be left unchanged.

Similar Properties

  • 105 Washington Belleville IL 62220

    Belleville, IL 62220

    Huge Price Drop! South 1st St and W. Washington just became the new HIGH traffic area in Downtown Belleville, and we have the hottest property available just 2 doors away! Pr...

    • $159,900.00
    • 0.12 Acres
    • St. Clair County
    Learn More »
  • 1009 Main Belleville IL 62220

    Belleville, IL 62220

    Two building ready to become something special in the "Belleville Brewery District". For years this property was used as an sewing alteration business with a showroom, dressi...

    • $30,000.00
    • St. Clair County
    Learn More »