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Key Details
Sold Price $99,900
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,816 sqft
MLS Listing ID 202407024
Sold Date 04/05/24
Style Two Story
Bedrooms 5
Full Baths 4
Abv Grd Liv Area 2,816
Total Fin. Sqft 2816
Year Built 1910
Annual Tax Amount $1,952
Tax Year 1943
Lot Size 4,791 Sqft
Property Description
INVESTMENT PROPERTY in a high visibility location! Located on a main road in Mt. Carmel, IL that leads to Princeton, IN! This property is a Quadplex that sits in a great location for marketing! Three units are 1-bedroom apartments, and the fourth unit is a larger 2-bedroom apartment. Three of the units are currently tenant occupied with leases and the property is cash flow positive. Additional features include a partial basement, an upstairs utility room for maintenance and supply storage, a large gravel parking lot for tenants and a new roof in 2023. The 2-bedroom apartment was completely remodeled with new flooring, new kitchen cabinetry, and a fully remodeled bathroom in 2018. Additional updates include: A BRAND-NEW ARCHITECTURAL ROOF installed in 2023, new wooden deck, stairs and new concrete patio installed in 2017, 2 new water heaters in 2018 and 3 new windows are on order and will be installed upon arrival, unit 2 had a new furnace installed in 2018.BROKER OWNED.
Location
State IL
County Wabash (il)
Area Wabash (Il)
Direction Follow N. Walnut St to the alley between W. 5th and W. 6th St. The property is located at entrance to the alley on Walnut St.
Rooms
Family Room 625 x 525
Dining Room 0 x 495
Kitchen , 525
Interior
Flooring Mixed
Fireplaces Number 3
Appliance Building
Laundry , 4
Exterior
Garage Spaces 1.0
Fence None
Amenities Available Basement, Off Street Parking, Storage, Attic Storage, Cable Ready, Countertops-Laminate, Deck Open, Detector-Carbon Monoxide, Detector-Smoke, Water Heater Electric
Waterfront No
Roof Type Asphalt,Shingle
Total Parking Spaces 4
Building
Lot Description Level, 0-2.9999
Story 2
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Mt Carmel
Middle Schools Mount Carmel
High Schools Mount Carmel
School District Wabash Community Unit School District 348
Others
Financing Cash,Conventional
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IDX information provided by the Indiana Regional MLS
Bought with Other Other • LPS
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