300 Cobb St - Multi-Family FOR SALE
East Alton, IL 62024 |
$94,900 USD
754-251-0201
300 Cobb St
East Alton, IL 62024
OVERVIEW
TURNKEY DUPLEX!!!
Perfect investment property for a first time investor!!! Unit 1 is rented at $800 and unit 2 is rented at $850. Great tenants. All utilities are paid by the residents. PROPERTY IS GENERATING A 16%+ NET RETURN ON INVESTMENT!!!! No deferred maintenance. Located 30 minutes away from St Louis International Airport. Will not last!!!!
Property management and financing is available.
FOR SALE DETAILS
PRICE
$94,900 USD
PRICE/SF
$67 USD /SF
# OF UNITS
2
PRICE/UNIT
$47,450
CAP RATE
16.08%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
300 Cobb Street
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
ADD'L SUBTYPES
Apartments, Manufactured Housing/Mobile Housing, Dormitory
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1942
PARKING SPACES
2
LAND DETAILS
LAND ACRES
0.2 AC
LAND SF
8,712 SF
ZONING
MULTI-FAMILY
APN/PARCEL ID
19-2-08-16-20-405-011
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754-251-0201
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754-251-0201
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