260 N Broad St - Apartments FOR SALE


Galesburg, IL 61401
$119,900 USD
754-251-0201
260 N Broad St, Galesburg, IL for Sale
$119,900 USD
Apartments - FOR SALE
1/3
null | 21.8% Cap Rate

260 N Broad St
Galesburg, IL 61401


HIGHLIGHTS

  • Nice are
  • Low maintenance
  • rehab opportunity
  • Value Add
  • a 20%+ net ncome

OVERVIEW

AWESOME PROPERTY!!!! 6 units. 4 out of 6 currently occupied to great tenants. 2 units need to be completed. Good bones, very nice area, low maintenance. PROPERTY WILL GENERATE A 19.38% NET RETURN ON INVESTMENT!!! 45K IN VALUE ADD!!! Don’t miss this opportunity.

FOR SALE DETAILS

PRICE

$119,900 USD

PRICE/SF

$41 USD /SF

# OF UNITS

6

PRICE/UNIT

$19,983

CAP RATE

21.8%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

260 North Broad Street, Galesburg IL

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

-

APN/PARCEL ID

99-10-455-011

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.