Looking to add to your investment portfolio? Now is your chance with this 5 Unit rental property in the heart of Columbia, just one block off the Vibrant Historic Main Street behind the Cafe on the Abbey! The house located at 318 S Metter was built in 1895 and has 1716 sq. ft of living space across 3 separate units! 2 main floor units each with 1 bed and 1 bath, and currently rent for $800 & $850. One Efficiency apartment upstairs brings in $550/mo. Landlord pays water, sewer, trash (approx $200/month) Updates include: Fresh paint, new front porch w/metal roof, new electric panels in 2021 and all 3 units have had updates done. Small storage shed between the properties is shared by all tenants. Duplex on Market Street was built in 1964 and has 1392 sqft. Each side has 2 BR, 1 Bath & full basement, shared staircase but each side has its own private space with washer/dryer hookups. Unit 216 was fully updated in 2021 and rents for $1250 and unit 214 rents for $900. Full list of updates/ages upon request. Great place to live on one side & collect rent for the rest of the property.
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Zillow last checked:
Listing updated:
Listed by:
Mandy McGuire618-558-1350,
Keller Williams Pinnacle
Source: MARIS,MLS#: 26033685Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Range, Refrigerator
Laundry: In Basement
Features
Basement: Concrete
Has fireplace: No
Fireplace features: None
Interior area
Total structure area: 3,108
Total interior livable area: 3,108 sqft
Finished area above ground: 3,108
Finished area below ground: 0
Property
Parking
Total spaces: 4
Parking features: Concrete, Driveway, Off Street
Has uncovered spaces: Yes
Features
Levels: Two
Patio & porch: Covered, Front Porch, Patio
Exterior features: Rain Gutters
Pool features: None
Fencing: None
Frontage length: 281'
Lot
Size: 0.35 Acres
Features: Back Yard
Details
Additional structures: Shed(s)
Parcel number: 0415367013000
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Apartment Style
Property subtype: Multi Family, Apartment
Materials
Brick, Vinyl Siding
Foundation: Combination
Roof: Architectural Shingle
Condition
Updated/Remodeled
New construction: No
Year built: 1964
Utilities & green energy
Electric: Ameren
Water: Public
Utilities for property: Cable Available, Electricity Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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