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5 Beverly Lane

Marissa, IL 62257
2,100 sqft
$55,000
Photo of 5 Beverly Lane Marissa IL 62257

Details

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!

Specs

Type Multi-Family
Square Footage 2,100 sqft
Lot Size 0.11 acres
Taxes Paid $1,583

Lots & Building Features

Appliances Some Range Oven(s), Some Refrigerator(s)
Construction Other
Cooling Wall/Window Unit(s)
Heat Source Electric
Heating Radiant Floor
Parking Description Off Street, Unassigned
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 50 x 100 ft

Room Details

Misc Description No Basement/Slab

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Financing

$
20%
2.8781818181818%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Marissa
County St Clair-IL
School District Marissa DIST 40
Subdivision NA

Schools

Elementary School MARISSA DIST 40
Junior High School MARISSA DIST 40
Senior High School Marissa
Brad Chandler, Property Peddler, Inc