201 S FRANKLIN Salem IL 62881
201 S FRANKLIN Salem IL 62881
$ 85,000
- Date added: 02/16/23
- Post Updated: 2023-03-21 00:01:46
- Type: Residential Income
- Status: Pending Continue to Show
- Area: 2416 sq ft
- Year built: 1910
- MLS #: EB447642
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Description
Great investment opportunity. 3 unit building. Upstairs unit has 2 bedrooms. All units have furnace, water heater, refrigerator, range, gas and electric meter.
Rooms & Units
- Total # Units: 3
- U1 Bedrooms: 1
- U1 Full Baths: 1
- U1 $ Rent: 290
- U1 Fireplace (Y/N): N
- U2 Bedrooms: 2
- U2 Full Baths: 1
- U2 $ Rent: 575
- U2 Fireplace (Y/N): N
- U3 Bedrooms: 1
- U3 Full Baths: 1
- U3 Fireplace (Y/N): N
- U3 $ Rent: 475
Location Details
- County: Marion
- Subdivision: McElwain & Nichols
- Directions to Property: On corner of S Franklin Street and W McMackin
- Area/Tract: EBOR Area
- Elementary School: Salem
- Middle School: Salem
- High School/School District: Salem Community High School
Property Details
- Sale/Rent: For Sale
- Style: Apartment Building,Triplex
- New Construction: No
- Price Per SQFT: $ 35
- Approx Lot Dimensions: 111x125
- Approx . # of Acres: 0.31
- Total # Water Heaters: 3
- Total # Electric Meters: 3
- Total # Water Meters: 1
- Total # Gas Meters: 3
- Total # Heating Units: 3
Property Features
- LAUNDRY FACILITIES: No Laundry Equipment
- GARAGE/PARKING: On-Street Parking
- HEATING/COOLING: Gas,Water Heater - Gas
- WATER/SEWER: Public Sewer,Public Water
- BASEMENT/FOUNDATION: Crawl Space
- ROOFING: Shingles
- # Ranges: 3
- # Refrigerators: 3
- # Window Units: 4
- EXTERIOR: Composition Siding
Fees & Taxes
- Tax Year: 2021
- Annual Taxes: $ 2,378
- TAX EXEMPTIONS: None
- MLS Participant Compensation: 2.4
Miscellaneous
- POSSIBLE FINANCING: Cash,Conventional
- Maintenance Expense: 947
- Insurance Expense: 2000
- Water/Sewer Expense: 720
- Gross Annual Income: 9180
- Gross Annual Rent Income: 9180
Courtesy of
- Listing Office: SOMER REAL ESTATE
This Residential Income style property is located in Salem is currently Multi-Family and has been listed on Somer Real Estate. This property is listed at $ 85,000. It has bedrooms, bathrooms, and is 2416 sq ft. The property was built in 1910 year.