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715 W Broadway

SPARTA, IL 62288
  • $249,900
  • STATUS: Active
  • ON SITE: 51 Days
  • ID#: 24076948
$249,900
  • 0
    BEDS
  • 0.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1979
County:

School Information

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

Description

Fantastic cash flow opportunity! This fully updated 4-unit property is located on a large parcel with two separate buildings. The property features: Two 2-bedroom, 1-bath units rented at $900/month (tenant pays gas & electric) One 1-bedroom, 1-bath unit rented at $900/month (all utilities included) One studio unit rented at $750/month (all utilities included) Landlord covers water, trash, and lawn care. With a total monthly income of $3,450, this property offers excellent potential for steady returns. Well-maintained and low-maintenance, it's the perfect addition to your investment portfolio!

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-02-09T23:39:06.613.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/158951795
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715 W Broadway SPARTA, IL 62288

  • Price: $249,900
  • Status: Active
  • On Site: 51 Days
  • ID#: 24076948
0
Beds
0
Baths
0
½ Baths
0.96
Acres
1979
Built
Neighborhood:
Not in A Subdivision
County:
Randolph-Il
Elementary School:
Sparta Dist 140
Middle School:
Sparta Dist 140
High School:
Sparta
School District:
Sparta Dist 140
Property Description
Fantastic cash flow opportunity! This fully updated 4-unit property is located on a large parcel with two separate buildings. The property features: Two 2-bedroom, 1-bath units rented at $900/month (tenant pays gas & electric) One 1-bedroom, 1-bath unit rented at $900/month (all utilities included) One studio unit rented at $750/month (all utilities included) Landlord covers water, trash, and lawn care. With a total monthly income of $3,450, this property offers excellent potential for steady returns. Well-maintained and low-maintenance, it's the perfect addition to your investment portfolio!
Exterior Features

Attached Garage YN Yes Construction Materials Aluminum SidingBrick Driveway ConcreteGravel Lot Size Dimensions 120X146.5 Lot Size Source County Records Parking Features Attached Garage - 1-2 CarAdditional ParkingCovered

Interior Features

Appliances Some Insulated Window(s)Some Microwave(s)Some Refrigerator(s)Some Range Oven(s)Some Shower Bath(s)Some Smoke Alarm(s)Some Window Treatment(s) Cooling Wall/Window Unit(s)Electric Heat Source ElectricGas Heating Forced AirOther Heating YN Yes

Property Features

Association St. Louis Association of REALTORS Association Fee 0 Association Fee Frequency None Building Description Duplex Current Financing Cash OnlyConventionalFHAGovernmentVA Disclosures Seller DisclosureSellers Discl. Avail Lease Term 1 or More VacantNo Lease Miscellaneous Deck Net Operating Income 27444 Operating Expense Includes InsuranceTaxesMaintenance GoundsMaintenanceSnow Removal Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 2-4 Sewer Septic Tank Special Listing Conditions Owner OccupiedNone Tax Annual Amount 2716 Tax Year 2023 Tenant Pays Cable TVElectricityGasOther Transaction Type Sale Type Of Units 4-Family Water Source Community

Listing provided courtesy of Prime Real Estate and Property: 4069775. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-02-09T23:39:06.613.

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