$227,500
$245,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
101 S 5th Dupo, IL 62239
5,026 SqFt
Key Details
Sold Price $227,500
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 5,026 sqft
Price per Sqft $45
Subdivision Lindemanns 1St Sub
MLS Listing ID 18095373
Sold Date 04/23/19
Construction Status 16
Year Built 2003
Building Age 16
Lot Size 0.316 Acres
Acres 0.316
Lot Dimensions 100 X 138
Property Description
7 units apartment complex (Fourplex and triplex), 3 bedroom unit rents for $700, 2 bedroom units rent for $575 each, 1 bedroom rents for $550 and efficiency rents for $500. Yearly rental income $48,000. Fourplex was built in 2003. Cap rate is 11.42%, GRM is 5.10. Professionally managed, ton of cash flow. Broker owned.
Location
State IL
County St Clair-il
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Laundry Prvt Laund some unit
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
Construction Status 16
Schools
Elementary Schools Dupo Dist 196
Middle Schools Dupo Dist 196
High Schools Dupo
School District Dupo Dist 196
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None, No Exemptions
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Bought with Tammy Hines