Sold for $215,000 on 12/14/21
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 8 |
— |
2004 |
— |
3 |
$7,336 |
992 days |
High quality townhome complex. Desirable 3 unit building. With 2 single story units and 1 two story units. Both 3 bedrooms are ranch style and handicap accessible. The 2 bedroom home is upstairs. Each unit has their own 1 car attached garage, and elevated balcony style decks with views of the common area. Built new in 2004, these units are always rented with a waitlist. These rentals are the best show in town. They are high quality and cash flow beautifully. Each unit consistently brings in $725-$775/month. Tenant pays utilities. Over $26,000 in gross revenue, with an annual N.O.I of over 17k. Cap Rate is an attractive 7.74% Other quality units can be purchased in a much larger bundle. Lots of common space behind the home. Cheap interests rates make it a great time to buy investments. These are conveniently located near downtown and the square.
Listing courtesy of eXp Realty,LLC-Maho
211 N Main St. is a multi-unit home built in 2004, and is located in Farmer City, IL. It has 8 bedrooms and — bathrooms, a 3-car garage, and has annual property taxes of $7,336.
Marco Amidei
(888) 32-Marco (847) 630-4886
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