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316 W Mill ST Waterloo, IL 62298
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Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Subdivision Martins Add
MLS Listing ID 23003415
Sold Date 02/28/23
Year Built 1885
Annual Tax Amount $5,060
Lot Size 0.285 Acres
Acres 0.285
Lot Dimensions irr 65x150x90
Property Sub-Type 5 Family or More
Property Description
Rare Investment Opportunity! This well maintained 6-unit building located in the heart of Waterloo has been easy to keep occupied! Building offers a mix of efficiency to 2-bedroom apartment types. Tenants reimburse owner for water and sewer and this has been included in the gross income estimates. Interior pictures are of apartment 2 which is currently vacant. Coin operated washers and dryers in basement for additional income potential. They are currently inoperable, but Manager is seeking solution to bring back online. Information contained herein is from sources believed reliable. However, Buyer and buyer's agent to verify all MLS information.
Location
State IL
County Monroe
Interior
Heating Natural Gas, Forced Air
Cooling Wall Unit(s), Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Laundry Other, Common Area
Exterior
Parking Features false
View Y/N No
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Waterloo Dist 5
Middle Schools Waterloo Dist 5
High Schools Waterloo
School District Waterloo Dist 5
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with JenaGibbs
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