420 Cherry Street

    Alton, IL 62002
    • $49,900
    • STATUS: Active
    • ON SITE: 250 days
    • ID#: 18037777
    UPDATED: 102 min ago
    $49,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 878
      SQFT
    • $57
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Information

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

    Description

    MOTIVATED SELLER BRING OFFERS!!!! Turn key duplex with long term tenants. Ground level Apt. A is a 2 bedroom, 1 bathroom approximately 880 sq/ft that rents for $500 per month, tenant since 2010. The second floor Apt. B is a 1 bedroom 1 bath that is approximately 700 sq/ft that rents for $400 per month, tenant since 2016. The building also has a full basement with only owner access - great for extra storage. Improvements since I have owned it include new roof 2007, new porch, new windows only a couple years old, water heater few years old, doors 2018. Apt A furnace approx. 3 years old and AC 2018, new bathroom 2018. Apt B cabinets and flooring remodel approximately 6 years old. Tenants pay their own utilities, owner pays the water and sewer. Agent 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 2019-01-16T23:48:59.207.

    Holden Realty Group - RE/MAX Preferred: 618-531-4887
    www.holdenrealtygroup.com/homes/83508027

    420 Cherry Street Alton, IL 62002

    • Price: $49,900
    • Status: Active
    • Updated: 102 min ago
    • ID#: 18037777
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    878
    SQFT
    $57
    $/SQFT
    Neighborhood:
    Hunter & Russells Add
    County:
    Madison
    Elementary School:
    Alton Dist 11
    Middle School:
    Alton Dist 11
    High School:
    Alton
    School District:
    Alton Dist 11
    Property Description
    MOTIVATED SELLER BRING OFFERS!!!! Turn key duplex with long term tenants. Ground level Apt. A is a 2 bedroom, 1 bathroom approximately 880 sq/ft that rents for $500 per month, tenant since 2010. The second floor Apt. B is a 1 bedroom 1 bath that is approximately 700 sq/ft that rents for $400 per month, tenant since 2016. The building also has a full basement with only owner access - great for extra storage. Improvements since I have owned it include new roof 2007, new porch, new windows only a couple years old, water heater few years old, doors 2018. Apt A furnace approx. 3 years old and AC 2018, new bathroom 2018. Apt B cabinets and flooring remodel approximately 6 years old. Tenants pay their own utilities, owner pays the water and sewer. Agent owned.
    Exterior Features

    Building Desc Duplex Construction Aluminum SidingVinyl Siding Lot Dimensions 47.5 X 82.5 Parking Description Off StreetOn Street Parking

    Interior Features

    Cooling 1 Window/WallCeiling FanCentral-Electric Heat Source Gas Heating Forced Air Water Heater Gas

    Property Features

    Assoc Fee Paid None Association Greater Gateway Association Of Realtors Cable Available Yes Conditions Unknown Disclosures Agent OwnedSellers Discl. Avail Down Payment Resource Yes Fixed Expenses InsuranceSewerTaxesTrash RemovalWater Gross Operating Income 10800.00 Net Income 9300.00 Operating Expenses Other Ownership Private Possession At Closing Possible Buyer Fees YN No Property Type Multi-Family 2-4 Selling Terms CashConventionalFha Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source Other Tax Year 2016 Taxes Paid 1538 Tenancy Type LeasesMonth To Month Tenant Pays ElectricGas Total Expenses 1500.00 Transaction Type Sale Type Of Units 2-Family Water Public Year Built Description Unknown

    Listing provided courtesy of Coldwell Banker Brown Realtors. 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 2019-01-16T23:48:59.207.

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