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316 W Mill Street

Waterloo, IL 62298
  • $399,000
  • STATUS: Active Under Contract
  • ON SITE: 14 Days
  • ID#: 23003415
Under Contract
UPDATED: 21 min ago
$399,000
  • 0
    BEDS
  • 0.28
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1885
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Rare Investment Opportunity! This well maintained 6-unit building located in the heart of Waterloo has been easy to keep occupied! Building offers a mix of efficiency to 2-bedroom apartment types. Tenants reimburse owner for water and sewer and this has been included in the gross income estimates. Interior pictures are of apartment 2 which is currently vacant. Coin operated washers and dryers in basement for additional income potential. They are currently inoperable, but Manager is seeking solution to bring back online. Information contained herein is from sources believed reliable. However, Buyer and buyer's agent to verify all MLS information.

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Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-02-06T06:39:49.167.

Clarity Street Realty: 314-963-7300
www.claritystreetrealty.com/homes/136342491
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316 W Mill Street Waterloo, IL 62298

  • Price: $399,000
  • Status: Active Under Contract
  • On Site: 14 Days
  • Updated: 21 min ago
  • ID#: 23003415
0
Beds
0
Baths
0
½ Baths
0.28
Acres
1885
Built
Neighborhood:
Martins Add
County:
Monroe
Elementary School:
Waterloo Dist 5
Middle School:
Waterloo Dist 5
High School:
Waterloo
School District:
Waterloo Dist 5
Property Description
Rare Investment Opportunity! This well maintained 6-unit building located in the heart of Waterloo has been easy to keep occupied! Building offers a mix of efficiency to 2-bedroom apartment types. Tenants reimburse owner for water and sewer and this has been included in the gross income estimates. Interior pictures are of apartment 2 which is currently vacant. Coin operated washers and dryers in basement for additional income potential. They are currently inoperable, but Manager is seeking solution to bring back online. Information contained herein is from sources believed reliable. However, Buyer and buyer's agent to verify all MLS information.
Exterior Features

Attached Garage YN No Lot Size Dimensions irr 65X150x90 Lot Size Source County Records Parking Features On StreetParking Lot

Interior Features

Cooling Wall Unit(S)Electric Heat Source Gas Heating Forced Air Heating YN Yes Laundry Features Coin OperatedCommon Laundry

Property Features

Association Realtor Association Of Southwestern Illinois Current Financing Cash OnlyConventional Disclosures UnknownNo Other Known Restr Inclusions Building & Land Net Operating Income 31346 Possession Close Of EscrowSubject To Tenant Rights Property Sub Type Multi-Family 5+ Property Sub Type Additional Apt Bldg/Interior En Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 5060 Tax Year 2021 Tenant Pays All Utilities Transaction Type Sale Two Bed Units 3 Water Source Public

Listing provided courtesy of Sgm Realty, Llc: 5750378. Listing information © 2023 Mid America Regional Information Systems, Inc.
Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-02-06T06:39:49.167.

Clarity Street Realty: 314-963-7300
 
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