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603 West Church St, Salem, IL 62881

Triplex Building

$150,000.00 Salem, IL 62881
  • 0.15 Acres
  • Marion County

Description

Address: 603 West Church St, Salem, IL 62881

Nestled in the heart of town, this triplex building stands as a beacon of opportunity for savvy investors seeking a turnkey investment. This property offers unparalleled convenience with easy access to amenities, entertainment, and transportation. Meticulously maintained, this property exemplifies pride of ownership, ensuring a seamless transition for prospective owners. Each unit within the triplex is thoughtfully designed and meticulously cared for, offering comfortable living spaces that tenants will be proud to call home. Whether you're a seasoned investor looking to expand your portfolio or a newcomer seeking a hassle-free entry into the real estate market, this turnkey property promises both stability and potential for growth.In summary, this triplex building represents a rare blend of convenience, profitability, and potential for growth. With its turnkey nature and prime location, it stands as a testament to the enduring value of real estate investment in the heart of town.

  • Age of the home: 1955
  • Square Footage: 3,120 (source: County)
  • Lot Size: 120 x 55.5 (source: County)
  • Heating: Electric, Boiler System
  • Cooling: Window Units
  • Water Heater:  Electric
  • Roof: Rubber
  • Utility Providers:
    • Water ~ City
    • Sewer ~ City
    • Electric ~ Ameren
  • School District(s): Salem
  • Drive Times:
    • 45 minutes to Effingham IL
    • 20 Minutes to Mt Vernon IL

Title Company: Hudspeth Law

Financing: Cash, Conventional

Directions: Rt 50 west to Franklin St & turn South 3 blocks to property on west side.

Legal Description: McElwain & Nichols ADD LOT 8 BLK 3

Parcel(s): 11-00-009-645

Taxes: 2022 - $3,234.00

 

P# 799 /  MLS # EB452890

LISTED by Property Peddler Inc.

Managing Broker Mike Hammond  618-400-4859

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