Jeanine Connor | Collinsville Real Estate, Troy Real Estate, Maryville Real Estate

601 East 3rd Street , Lebanon, IL 62254  

Multi-Family
$445,000
Price
1
Baths
EXCELLENT INVESTOR OPPORTUNITY! Sale price includes additional duplex at 605 E. 3rd Street, 05-19.0-426-014 and storage unit facility at 422 S. Madison in Lebanon. Duplex units are 100% occupied and updated including new flooring, freshly painted, new HVAC in all 4 units, additional updates plus meticulously maintained. 601 rent side A $725 B $650, 2 bedroom, 2 bath . 605 rent side A&B $550 each for 1 bedroom, 1 bath. Both properties include car ports. Net/operating income reflects figures for duplexes only. Storage facility in the heart of Lebanon includes 100 units with 24-hour drive through access, additional parcel added for even more parking, newly keyed, painted + signage. 100% occupancy is attainable with McKendree College and SAFB in such close proximity. All 3 properties are ready to take over and absolutely a turn key investment. Don't miss this opportunity, call your favorite agent today!
Open House
No scheduled open houses
Listing information
Status: Active
Address: 601 East 3rd Street
Subdivision: HORNER & ASHLEYS ADD LT 32 & W 1/2 LT 31
City: Lebanon
County: St Clair-IL
MLS #: 18060168
Price: $445,000
Property Type: Multi-Family 2-4
Number of Units: 1
$/SqFt: 196.21
SqFt: 2268
Transaction Type: Sale
Property remarks
Remarks: EXCELLENT INVESTOR OPPORTUNITY! Sale price includes additional duplex at 605 E. 3rd Street, 05-19.0-426-014 and storage unit facility at 422 S. Madison in Lebanon. Duplex units are 100% occupied and updated including new flooring, freshly painted, new HVAC in all 4 units, additional updates plus meticulously maintained. 601 rent side A $725 B $650, 2 bedroom, 2 bath . 605 rent side A&B $550 each for 1 bedroom, 1 bath. Both properties include car ports. Net/operating income reflects figures for duplexes only. Storage facility in the heart of Lebanon includes 100 units with 24-hour drive through access, additional parcel added for even more parking, newly keyed, painted + signage. 100% occupancy is attainable with McKendree College and SAFB in such close proximity. All 3 properties are ready to take over and absolutely a turn key investment. Don't miss this opportunity, call your favorite agent today!
Directions: Route 50 to Plum to E. 3rd Street.
Property features
Special Info: No Exemptions
Appliances: Some Dishwasher(s), Some Disposal(s), Some Range Oven(s), Some Refrigerator(s), Some Smoke/Alarm Det
Miscellaneous: No Basement/Slab
Parking Description: 1-2 Car Carport
Construction: Frame
Heat: Forced Air
Heat Source: Electric
Cooling: Central-Electric
Cable Available: Y
Water: Public
Sewer: Public
Community information
Subdivision: HORNER & ASHLEYS ADD LT 32 & W 1/2 LT 31
Elementary School: LEBANON DIST 9
Middle School: LEBANON DIST 9
High School: Lebanon
School District: Lebanon CUSD 9
Tax/financial/other information
Parcel ID: 05-19.0-426-013
Tax Amount: 3280
Tax Year: 2016
Transaction Type: Sale
Agreement Type: Excl. Right to Sell
Agreement Type 2: Not Applicable
Conditions: Unknown
Selling Terms: Cash, Conventional
Special Listing Cond.: None
History
Property information
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