List Price: $515,000
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 4 |
— |
1958 |
— |
0 |
$7,158 |
7 days |
Great opportunity to purchase a strong cash flowing 4 flat in North Aurora that is directly east of the North Aurora Riverfront Park. Quiet secluded street with all one bedrooms. New roof (2024), new water heater (2024), and new furnace/ electric panels. Property could use new parking lot and units could be updated down the road further to boost rents more. However property still operates around an 8.5 CAP currently. Rents at ~59k of income with last unit rented at $1500. Room to grow rents to 6k a month or 72k. All units heated by one furnace. Tenants pay own electric. Improve the rents by upgrading 2 mtm units. Great return day one! Perfect first investment or expand an existing portfolio in North Aurora.
Listing courtesy of Triton Realty Group LLC
122 E State St. is a multi-unit home built in 1958, and is located in North Aurora, IL. It has 4 bedrooms and — bathrooms, and has annual property taxes of $7,158. This home goes to Schneider Elementary School, Herget Middle School, and West Aurora High School.
Marco Amidei
(888) 32-Marco (847) 630-4886
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