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$ 280,000
Est. payment | /mo
4 Beds
2 Baths
$ 280,000
Est. payment | /mo
4 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12307747
Bedrooms 4
Year Built 1865
Annual Tax Amount $4,881
Tax Year 2023
Lot Dimensions 47 X 130
Property Sub-Type Two to Four Units
Property Description
This 2-unit property presents a fantastic investment opportunity. With the same tenants happily residing for 2 years and eager to stay, the property offers steady rental income. Recent improvements include updated plumbing in 2024, ensuring modern sewer piping. Both units feature new appliances, including refrigerators, water heaters, and stoves, and were remodeled prior to the current tenants' move-in. Tenants pay their own gas and electric, while the owner covers the water bill. Each unit also comes with a detached garage, providing added value. With these updates and reliable tenants, this property is a great long-term investment.
Location
State IL
County Kane
Area Elgin
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 46 , 46, 46
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Maria Tamayo • Luna Real Estate Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "