203 6th Street
Hampton,
IL
61256
Property Details
List Price: |
$115,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
2171 |
Agency: |
Real Estates Concepts LC |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1940 |
Notes: |
All buyers must be pre-approved or have a proof of funds letter. All tenants are month-to-month long-term tenants. This triplex houses 2 2-bedroom units and 1 efficiency unit. One aspect that adds further value to this triplex is the existence of long-term, month-to-month tenants. Having these tenants already in place provides a stable and predictable rental income stream from day one. It eliminates the immediate concern of finding new tenants and reduces the risk of vacancies, allowing for consistent cash flow. This 3-unit triplex is an excellent investment opportunity. The inclusion of multiple water heaters, heating units, and central air units enhances tenant satisfaction, while the presence of long-term, month-to-month tenants ensures a stable rental income. With its versatile unit mix, reliable systems, and established tenant base, this triplex presents a compelling investment prospect with the potential for long-term financial success. |
MlsNumber: |
QC4243017 |
Estimate Your Monthly Payment
Listing Provided By: |
Real Estates Concepts LC, original listing |
Name: |
Real Estates Concepts LC |
Phone: |
(515) 276-2872 |
Office Name: |
RE/MAX Concepts Bettendorf |
Office Phone: |
(563) 332-9900 |
Agent Name: |
Richard Bassford |
Disclaimer: |
Copyright © 2024 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |