1217 Market St - Multi-Family FOR SALE


Madison, IL 62060
$119,900 USD
754-251-0201
1217 Market St, Madison, IL for Sale
$119,900 USD
Multi-Family - FOR SALE
1/5
null | 20.83% Cap Rate

1217 Market St
Madison, IL 62060


OVERVIEW

INSANE OPPORTUNITY!!! 3 units. 2 x 2bed/1bath units and 1 x studio apartment. Front units are freshly rehabbed and rent ready. Back studio needs TLC. New central HVAC systems installed last year. PROPERTY WILL GENERATE A 22%+ NET RETURN ON INVESTMENT!! $30k IN INSTANT EQUITY!!! Front units rent easily for $1000 each, and back unit rents easily for $700. Property management and financing is available!!

FOR SALE DETAILS

PRICE

$119,900 USD

PRICE/SF

$63 USD /SF

# OF UNITS

3

PRICE/UNIT

$39,967

CAP RATE

20.83%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cash Cow Triplex

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments, Manufactured Housing/Mobile Housing, Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

21-2-19-25-13-303-030

ASK ABOUT THIS PROPERTY

Eli AhmadovLOYD RealtyMore Info
754-251-0201

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Eli AhmadovLOYD RealtyMore Info
754-251-0201

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.