1432 W Pine Street

Description

Very well maintained 3-unit rental property with long-term tenants and very accessible to Steeleville and Percy business centers. Main house-Unit A has 3 bedrooms, 1 bath, and 1565 square feet. Unit B has 2 bedrooms, 1 bath and 1,181 square feet. Full basements under both. Unit C is the garage (built in 2011) featuring a 608 square foot apartment with 1-bed, 1-bath and open concept kitchen, living room and dining, covered porch in back, and has a 2 car garage in front (672 sf). There is a loft in the 20x12 block tile shed in back. Owner pays the utilities for the tenants. After yearly expenses, there has always been a positive cash flow on this property and the owner lived in the garage apartment for free. The 6 car carport (1800 sf) built in 2011 allows for extra parking for tenants. This all sits on 1.61 acres. If you are looking for a good investment property with stable cash flow, take a good look at this one. Priced at appraisal value.