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    2769 Sanford Avenue

    Alton, IL 62002
    • $65,000
    • STATUS: Active
    • ON SITE: 60 days
    • ID#: 21015523
    Open House
    UPDATED: 65 min ago
    $65,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,584
      SQFT
    • $41
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Brand New Roof just installed. Great income producing property! Cash flows monthly! Owned by a contractor and has been very well maintained. Home has been rewired! Lots of PVC plumbing as well! Upstairs features 1 bed/1 bath is now vacant but last rented for $395.00. Bottom unit 2bed/1 bath is vacant rented last for $650. Rents are under market! Seller pays water/sewer/trash. These could be rolled into the rents! Bottom unit mows the lawn. Shed in back for lawn mower. Property cash flows at $725 monthly no mortgage or with traditional financing property will cash flow $525 monthly with all expenses paid. These numbers are from the previous rents gotten. These are averages and can vary of course! Property can easily cash flow more with raising the current rents to market rents. New owner can rent the both units immediately as they are move in ready! Great deal for someone looking to invest and have their money work for them monthly! Washer and dryer in the basement.

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-05-13T12:49:42.337.

    Fusion Realty, LLC: 618.781.9170
    www.fusionrealtyhomes.com/homes/115077142
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    2769 Sanford Avenue Alton, IL 62002

    • Price: $65,000
    • Status: Active
    • Updated: 65 min ago
    • ID#: 21015523
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    1,584
    SQFT
    $41
    $/SQFT
    Neighborhood:
    Woodlawn Resubd
    County:
    Madison
    Elementary School:
    Alton Dist 11
    Middle School:
    Alton Dist 11
    High School:
    Alton
    School District:
    Alton Dist 11
    Property Description
    Brand New Roof just installed. Great income producing property! Cash flows monthly! Owned by a contractor and has been very well maintained. Home has been rewired! Lots of PVC plumbing as well! Upstairs features 1 bed/1 bath is now vacant but last rented for $395.00. Bottom unit 2bed/1 bath is vacant rented last for $650. Rents are under market! Seller pays water/sewer/trash. These could be rolled into the rents! Bottom unit mows the lawn. Shed in back for lawn mower. Property cash flows at $725 monthly no mortgage or with traditional financing property will cash flow $525 monthly with all expenses paid. These numbers are from the previous rents gotten. These are averages and can vary of course! Property can easily cash flow more with raising the current rents to market rents. New owner can rent the both units immediately as they are move in ready! Great deal for someone looking to invest and have their money work for them monthly! Washer and dryer in the basement.
    Exterior Features

    Building Desc Duplex Construction Vinyl Siding Lot Dimensions 14 15 16 90 X 115 Parking Description Off Street

    Interior Features

    Cooling 2 Window/Wall Heat Source Gas Heating Forced Air Miscellaneous BasementDeckLaundry Facility in Water Heater Gas

    Property Features

    Association Greater Gateway Association Of Realtors Cable Available Yes Conditions Unknown Cross Street Address Eastwood Disclosures Sellers Discl. Avail Fixed Expenses InsuranceSewerTaxesTrash RemovalWater Gross Operating Income 12540.00 Lot Size Source County Records Net Income 8700.00 Operating Expenses Fixed ExpensesMaintenance Ownership Private Possession Immediate Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 2-4 Selling Terms CashConventionalFha Sewer Public Special Description Other Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 1854 Tenancy Type Month To Month Tenant Pays ElectricGas Total Expenses 3840.00 Transaction Type Sale Type Of Units 2-Family Water Public Year Built Description Unknown

    Listing provided courtesy of Re/Max River Bend. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-05-13T12:49:42.337.

    Fusion Realty, LLC: 618.781.9170
     
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    Fusion Realty, LLC
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    Edwardsville IL, 62025