Active

5 Beverly Ln, Marissa, IL

4-Unit Apartment – Investment opportunity

$60,000.00 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