101 S 5th

    Dupo, IL 62239
    • $227,500
    • STATUS: Closed
    • ON SITE: 181 days
    • ID#: 18095373
    Sold - 04/23/2019
    $227,500
    SOLD - 04/23/2019
    • 0
      BEDS
    • 0.32
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,026
      SQFT
    • $45
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2003
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    7 units apartment complex (Fourplex and triplex), 3 bedroom unit rents for $700, 2 bedroom units rent for $575 each, 1 bedroom rents for $550 and efficiency rents for $500. Yearly rental income $48,000. Fourplex was built in 2003. Cap rate is 11.42%, GRM is 5.10. Professionally managed, ton of cash flow. Broker owned.

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-06-17T23:49:12.873.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
    www.holdenrealtygroup.com/homes/90153429

    101 S 5th Dupo, IL 62239

    • Price: $245,000
    • Status: Closed
    • Updated: 89 min ago
    • ID#: 18095373
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.32
    Acres
    5,026
    SQFT
    $45
    $/SQFT
    2003
    Built
    Neighborhood:
    Lindemanns 1St Sub
    County:
    St Clair
    Elementary School:
    Dupo Dist 196
    Middle School:
    Dupo Dist 196
    High School:
    Dupo
    School District:
    Dupo Dist 196
    Property Description
    7 units apartment complex (Fourplex and triplex), 3 bedroom unit rents for $700, 2 bedroom units rent for $575 each, 1 bedroom rents for $550 and efficiency rents for $500. Yearly rental income $48,000. Fourplex was built in 2003. Cap rate is 11.42%, GRM is 5.10. Professionally managed, ton of cash flow. Broker owned.
    Exterior Features

    Building Style Low/1-2 Construction Brick/Stone Msn PredVinyl Siding Location City Lot Dimensions 100 X 138 Parking Description Parking LotUnassigned

    Interior Features

    Cooling Central-Electric Heat Source ElectricGas Heating Forced Air Laundry Prvt Laund Some Unit Water Heater ElectricGas

    Property Features

    1 Bed Units 1 Association Greater Gateway Association Of Realtors Cable Available Yes Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Disclosures Code Compliance ReqdOccupancy Perm ReqSellers Discl Not Av Efficiency Rent 450 Efficiency Units 1 Gross Operating Income 48000.00 Lot Size Source County Records Net Income 28000.00 Ownership Private Possession At ClosingTenants Rights Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Some Include RefrigeratorRange/Oven Special Description No Exemptions Special Listing Conditions None Square Footage Source County Records Tax Year 2017 Taxes Paid 6873 Tenancy Type Leases Tenant Pays Cable Tv/SatelliteElectricGas Total Expenses 20000.00 Transaction Type Sale Type Apartment Complex Water Public

    Listing provided courtesy of Decent Properties, Llc. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-06-17T23:49:12.873.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
     
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    O'Fallon IL, 62269