417 W McMackin Salem IL 62881

417 W McMackin Salem IL 62881
$ 60,000
  • Date added: 03/29/23
  • Post Updated: 2023-03-29 06:32:11
  • Type:
  • Status:
  • Area: 1639 sq ft
  • Year built: 1900
  • MLS #: EB447643

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Description

3 unit apartment building located 1 block from Route 50 (Main Street) in Salem. Great opportunity for investors to add to your portfolio. Each unit has a furnace, water heater, electric meter and gas meter. Unit 1 was remodeled 2 years ago with updated paint, flooring, kitchen and bathroom.

Rooms & Units

  • Total # Units: 3
  • U1 Bedrooms: 1
  • U1 Full Baths: 1
  • U1 $ Rent: 475
  • U1 # Parking: 1
  • U1 Fireplace (Y/N): N
  • U2 Bedrooms: 1
  • U2 Full Baths: 1
  • U2 $ Rent: 350
  • U2 # Parking: 1
  • U2 Fireplace (Y/N): N
  • U3 Full Baths: 1
  • U3 # Parking: 1
  • U3 Fireplace (Y/N): N

Location Details

  • County: Marion
  • Subdivision: Earnhart
  • Directions to Property: From Route 50 (Main St) turn South on College at signal. Building on corner of S College and 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: $ 37
  • Approx Lot Dimensions: 56x112.50
  • Approx . # of Acres: 0.14
  • 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: Assigned
  • # Parking Spaces: 2
  • HEATING/COOLING: Gas,Water Heater - Gas,Window Units
  • WATER/SEWER: Public Sewer,Public Water
  • BASEMENT/FOUNDATION: Crawl Space
  • ROOFING: Shingles
  • ROAD/ACCESS: Paved
  • # Ranges: 2
  • # Refrigerators: 2
  • # Window Units: 3
  • EXTERIOR: Composition Siding

Fees & Taxes

  • Tax Year: 2021
  • Annual Taxes: $ 920
  • TAX EXEMPTIONS: None
  • MLS Participant Compensation: 2.4

Miscellaneous

  • POSSIBLE FINANCING: Cash,Conventional
  • Maintenance Expense: 339
  • Insurance Expense: 1949
  • Water/Sewer Expense: 600
  • Misc Annual Income: 4200
  • Gross Annual Income: 4200

Courtesy of

  • Listing Office: SOMER REAL ESTATE

This style property is located in Salem is currently and has been listed on Somer Real Estate. This property is listed at $ 60,000. It has bedrooms, bathrooms, and is 1639 sq ft. The property was built in 1900 year.