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$156,000   Price Analysis
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410 N Locust St
Greenville, IL 62246
Unknown bed 0 bath 2,470 SqFt ($63/SqFt)
6,098SqFt lot. Built 1910
Listed 2024-05-30
USDA Eligible
near Greenville, IL
 Restrictions may apply
due to home size

If you have ever considered life as a landlord

* No Longer For Sale *
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Ths family-owned 4-plex is a fantastic start (or addition) to your income property portfolio. Completely rented, this property features four 1-bedroom apartments, each with their own furnace, water heater and utility service. Each renter also has a specified storage area in the shared basement. In addition to the hassle-free way the property has been split into rentals, it has another real perk: the potential for more and more income in the future.

One of the apartments has been nicely updated, while the other three are in need of a facelif t. As tenants move out (and as you have the time/funds), you can make cosmetic changes to Apartments A, B, & D and then raise the rents accordingly. With this in mind, the sellers are offering a $6, 000 credit at closing to be put towards new flooring in these three apartments or other upgrades the new owner might want to make.


Presented by Noel Harnetiaux at
BOND COUNTY REALTORS.


Property MLS #24034309 from MARIS

Some Refrigerator(s)
Some Range Oven(s)
Some Wall to Wall Cp

Cooling Features: 3 Plus Window/Wall
Heating Features: Forced Air
Heating Fuel: Gas
Water Heaters: Gas

Bathroom 1 Features: Some Refrigerator(s), Some Range Oven(s), Some Wall to Wall Cp

Lot Size Acres: 0.14
Lot Size Dimensions: 60x99
Lot Size Source: County Records
Lot Size Square Feet: 6098

Parking Features: 1-2 Car Carport, Covered, Off Street

Elementary School: BOND DIST 2
High School: Greenville
Middle School: BOND DIST 2
School District: BOND DIST 2

Bond Cty Community Unit 2 High School is a public high school located approximately 0.6 miles away.
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Greenville Elementary School is a public elementary school located approximately 0.6 miles away.
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Greenville Jr High School is a public middle school located approximately 0.6 miles away.
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Gross Income: 1685.00
Tenant Pays: All Utilities

Basement
Deck
Storage Room Avail
Annual Tax Amount: 3047
Source Listing Status: Closed
County: Bond-IL
Tax Year: 2022
Ownership: Private
Source Property Type: Multi-Family 2-4
Source Neighborhood: Not in a subdivision
Subdivision: Not in a subdivision
Source System Name: C2C

Sold 2024-07-17
$140,000
MARIS
Listed 2024-05-30
$156,000
MARIS

Net Operating Income: 1435.00

Total Square Feet Living: 2470
Construction Materials: Vinyl Siding
Living Area Source: County Records
Property Age: 114
House Style: 4-Family
Total Above Grade Sqft Area: 2470

Sewer: Public
Water Source: Public

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.