613 Reed Dr - Apartments FOR SALE
East Alton, IL 62024 |
$120,000 USD
754-251-0201
613 Reed Dr
East Alton, IL 62024
OVERVIEW
CASH COW DUPLEX!!!
3bed/1bath units, each rents for $1100. Tons of rehab work done recently. Central heat and air. New HVAC units. Tenants pay all utilities. PROPERTY GENERATES 16%+ NET RETURN!!! Only 30min away from St Louis International Airport!! Will not last.
Property management and financing is available.
FOR SALE DETAILS
PRICE
$120,000 USD
PRICE/SF
$74 USD /SF
# OF UNITS
2
PRICE/UNIT
$60,000
CAP RATE
16.27%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
613 Reed Drive
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Apartments, Manufactured Housing/Mobile Housing, Dormitory
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1940
PARKING SPACES
2
LAND DETAILS
LAND ACRES
0.1 AC
LAND SF
4,356 SF
ZONING
-
APN/PARCEL ID
19-2-08-16-20-402-007
ASK ABOUT THIS PROPERTY
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754-251-0201
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754-251-0201
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