620 Short 11th ST Pending

Lincoln,IL 62656

$ 200000

- Bed

- Bath

3120 SqFt


Key Details

Property Type Single Family Home

Sub Type Residential Income

Listing Status Pending

Purchase Type For Sale

Square Footage 3,120 sqft

Price per Sqft $64

MLS Listing ID CA1039198

Year Built 1959

Annual Tax Amount $4,891

Tax Year 2024

Property Sub-Type Residential Income

Property Description

Excellent investment opportunity! Two 1560 square foot vinyl sided structures -- each housing two separate units. Great front off-street parking plus rear storage sheds. Each unit features a living room, equipped eat-in kitchen, two bedrooms, full hall bath, and a laundry/mechanical room. Current tenants pay all utilities except for sewer and garbage (seller paid). Seller also pays for lawncare. Two units are currently rented for $550.00/month with long term tenants (over 10 years each) -- $450.00 deposit for each unit. The other two units are vacant and have been freshly updated with new floor coverings and fresh paint -- both are ready to be occupied immediately! Updated architectural roofs, vinyl replacement windows, commercial grade gutters -- virtually maintenance free! Kitchen appliances at all units to remain. Gas forced air furnaces as well as central air conditioning for each unit. Opportunity knocks with 616 - 622 Short 11th Street, Lincoln!

Location

State IL

County Logan

Area Lincoln

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Laundry Units Hook-Ups

Exterior

View true

Roof Type Shingle

Building

Lot Description Level

Foundation Block,Concrete Perimeter,Slab

Water Public Sewer,Public

Structure Type Vinyl Siding

New Construction false

Schools

High Schools Lincoln

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