NOT LISTED FOR SALE
14 Beds
-- Bath
6,440 Sq Ft
8,712 Sq Ft Lot

Last Sold February 02, 2017

81 Days on Market

Highlights

  • Corner Lot
  • Accessible Parking
  • Guest Parking

About This Home

As of February 2017

Opportunity to purchase 14 individually metered 1 bed, 1 bath apartment style units with private entry. Includes two buildings located on corner lot of Barthel and N. 4th Street. 8 of the 14 units have been updated with laminate wood floors in main living, durable carpet in bedrooms, 6 panel doors throughout, bathroom shower tile, all new light fixtures, and fresh paint. Complex updates include new architectural roof, gutters, and downspouts (2015) and vinyl fence to conceal dumpster. Parking lot to be patch, painted, and sealed by mid November along with many other exterior upgrades. Tenants are responsible for water, sewer, & electric. Owner provides trash service and lawn care. The complex will be fully leased by 11/15 & gross rents will be $7745 with the potential to increase to $8050. Great location, no monthly association fees, and outstanding return for investors!

Last Listed By

Kelly Militzer

The Hermann London Group LLC License #2012002702 Listed on: 09/17/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 113x140
  • Corner Lot

Parking

  • Guest Parking
  • Parking Lot
  • Unassigned Parking

Additional Features

  • Accessible Parking
  • Electric Water Heater

Community Details

  • 2 Buildings

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric, sewer, water

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Sale Includes: Building & Land
  • Cross Street: Barthel Ave
  • Municipality Township: St. Charles
  • Age: 52
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Exterior Features

  • Exterior Features: Brick/Stone Msn Pred

Garage/Parking

  • Parking: Accessible Parking, Guest Parking, Parking Lot, Unassigned

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Ceiling
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric

Schools

  • School District: St. Charles R-VI
  • Elementary School: Coverdell Elem.
  • Middle School: Jefferson / Hardin
  • High School: St. Charles High

Lot Info

  • Lot Dimensions: 113x140
  • Lot Sq Ft: 8712
  • Location: Corner Location

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric, Sewer, Water

Multi Family

  • Building Info: No Units Furnished, Smoke/Alarm Detector
  • Building Number: 2

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2017 02/02/17 Sold -- -- --
12/08/2016 12/08/16 Pending -- -- --
10/31/2016 10/31/16 Price Changed $679,900 -2.9% $106 / Sq Ft
09/17/2016 09/17/16 For Sale $699,900 -- $109 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16065967

MARIS MLS

APN: 6-006A-4135-11-0001.0000000