House for sale

Galesburg IL 61401

Overview

Great income potential for the 4 unit apartment residential building! Historically has generated $500 per unit for about $24, 000 gross yearly income rate. Current owner pays $1, 100 per year insurance, $1, 000 per year management expense, and $150 per year for lawn and snow removal. Ameren power bill printouts x 2 available. Upper unit 376, tenant is planning to move about July 6. Lower level 378 unit, tenants are in the process of eviction. 376 lower and upper units each have 1 BR, 1 full BA, Kitchen, and Living room. 378 upper and lower unit each have 1-2 bedrooms, 1 bath, kitchen and living room. Unable to view 378 lower at this time. Age of roof ~2017, 1 new furnace 2022.

Details

  • Baths: 4
  • Price: $69,900
  • Area: 2,344 sqft

Location

Galesburg IL 61401

House for sale

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2024-06-21, Viewed 0 times.