Multi Family Investment – Marissa, IL

$215,000.00 Marissa, IL 62257
  • St Clair County


Address 427 & 434 East Drive, Marissa, Illinois

Turnkey investment property consisting of 8 2-bedroom apartments, 4 in each building. Each has new windows, siding, and roof. All units have been remodeled within the past 4 years. Occupancy levels have been outstanding. This property has the return investors are looking for.

Directions: Take IL 13 which becomes E. Lyons St. in Marissa, to East Drive.

Building Description:

  • 8 total units, currently full of residents
  • All apartments have been recently remodeled
  • Laundry Room freshly completed in July 2018
  • Roof, siding & windows all completely remodeled in 2015

Legal Description: Part of Section 27, Township 3 South, Range 6 West

Parcel(s): 21-27.0-202-009 & 21-27.0-202-010

Taxes: 2017 - Total both parcels $4843.46

P#094 - SOLD 2/20/2020 $215,000

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