DUPLEX with two, 2/1 units, one vacant, one occupied. Fantastic house hacking opportunity to purchase a primary residence, live in one part of it, and rent out the remaining space to generate income that offsets or completely eliminates your mortgage and housing expenses. It essentially allows you to live for free or at a massive discount while simultaneously building equity and wealth! The spacious, upper two bedroom unit is newly remodeled. Both units have passed city occupancy. The bottom two bedroom unit is currently rented at $1000/month, and was also remodeled in the past couple of years. Terrific tenants are currently month to month. Very spacious, approximately 1100 sq ft units. Roof 2025. Projected rent for the upper unit is $1000/month, making the projected gross monthly rent $2000/month. Nice cool central air. Laundry hookups in the basement, a private back yard, and great, convenient location complete the package. Don't miss out on wealth building potential!
38 days
|
65
|
9
|
Zillow last checked:
Listing updated:
Listed by:
Cathy Dey Cooney618-406-0721,
The Hermann London Group, Llc
Source: MARIS,MLS#: 26044220Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Heating
Forced Air
Cooling
Central Air
Appliances
Included: Free-Standing Gas Oven
Laundry: In Basement
Features
Eat-in Kitchen, High Ceilings
Flooring: Luxury Vinyl
Basement: Full,Unfinished
Has fireplace: No
Interior area
Total structure area: 2,218
Total interior livable area: 2,218 sqft
Finished area above ground: 2,218
Finished area below ground: 0
Property
Parking
Parking features: On Street
Has uncovered spaces: Yes
Features
Levels: Two
Exterior features: Entry Steps/Stairs
Frontage length: 30
Lot
Size: 2,548 Square Feet
Features: Back Yard, Level
Details
Parcel number: 27250001400
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family
Materials
Brick
Foundation: Stone
Roof: Flat
Condition
Updated/Remodeled
New construction: No
Year built: 1908
Utilities & green energy
Electric: Ameren
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected