Investor Opportunity! This well-maintained 1-bedroom, 1-bath condo in a desirable O’Fallon neighborhood offers the ideal combination of low-maintenance ownership and an established rental income stream. A full one-year lease is already in place with a tenant, providing an immediate investment opportunity without the hassle of finding a tenant. This main-floor end unit offers added privacy and features an inviting living area with a cozy fireplace, in-unit laundry, and a private patio. A dedicated, lockable exterior storage closet provides additional convenience and value for the tenant. Investors will appreciate the community amenities, including a pool and clubhouse, as well as the added peace of mind that comes with major exterior improvements already covered by the HOA. With no yard work or exterior maintenance to manage, this property offers a truly low-maintenance addition to an investment portfolio. The location is another major advantage, with easy access to Scott Air Force Base, shopping, restaurants, and everyday amenities, along with a convenient commute to St. Louis. Just mintues from O'fallon Family Park. Please note: This property is being offered to investors only due to the existing one-year lease. The current tenant will remain in place through the end of the lease term. A great opportunity to add a tenant occupied, low-maintenance property in a desirable location to your portfolio!
114 days
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141
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4
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Zillow last checked:
Listing updated:
Listed by:
Kathryn Clark314-974-0888,
RE/MAX Alliance,
Christi Waddington618-304-2096,
RE/MAX Alliance
Source: MARIS,MLS#: 26012198Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1
Kitchen
Level: Main
Living room
Level: Main
Heating
Other
Cooling
Wall Unit(s)
Appliances
Laundry: In Unit
Features
Basement: None
Number of fireplaces: 1
Fireplace features: Family Room
Interior area
Total structure area: 600
Total interior livable area: 600 sqft
Finished area above ground: 600
Finished area below ground: 0
Property
Features
Levels: One
Lot
Features: Other
Details
Parcel number: 0430.0309004
Special conditions: Standard
Construction
Type & style
Home type: Condo
Architectural style: Other
Property subtype: Condominium
Condition
Year built: 1980
Utilities & green energy
Electric: Other
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected
Community & HOA
Community
Subdivision: Eagle Ridge
HOA
Has HOA: Yes
Amenities included: Pool
Services included: Maintenance Grounds, Common Area Maintenance, Exterior Maintenance, Pool Maintenance