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715 W Broadway

Sparta, IL 62288
$249,900
Photo of 715 W Broadway Sparta IL 62288

Details

Fantastic cash flow opportunity! This fully updated 4-unit property is located on a large parcel with two separate buildings. The property features: Two 2-bedroom, 1-bath units rented at $900/month (tenant pays gas & electric) One 1-bedroom, 1-bath unit rented at $900/month (all utilities included) One studio unit rented at $750/month (all utilities included) Landlord covers water, trash, and lawn care. With a total monthly income of $3,450, this property offers excellent potential for steady returns. Well-maintained and low-maintenance, it’s the perfect addition to your investment portfolio!

Specs

Type Multi-Family
Lot Size 0.96 acres
Year Built 1978
Assoc Fee Paid None
Taxes Paid $2,716

Lots & Building Features

Appliances Some Insulated Window(s), Some Window Treatment(s), Some Smoke Alarm(s), Some Shower Bath(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s)
Assoc Fee Paid None
Construction Aluminum Siding, Brick
Cooling Electric, Wall/Window Unit(s)
Heat Source Electric, Gas
Heating Forced Air, Other
Parking Description Additional Parking, Covered, Attached Garage - 1-2 Car
Sewer Septic Tank
Tax Year 2023
Water Community
Lot Dimensions 120X146.5 ft

Room Details

Misc Description Deck

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Financing

$
20%
1.0868347338936%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Sparta
County Randolph-IL
School District SPARTA DIST 140
Subdivision NOT IN A SUBDIVISION

Schools

Elementary School SPARTA DIST 140
Junior High School SPARTA DIST 140
Senior High School Sparta
Jamshed Syed, Prime Real Estate and Property