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Marengo,IL 60152
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
Subdivision Parkrise
MLS Listing ID 12130299
Style Ranch
Bedrooms 6
Year Built 1977
Annual Tax Amount $6,613
Tax Year 2022
Lot Size 10,454 Sqft
Lot Dimensions 79X134
Property Description
**Fully Occupied Investment Property with Impressive Cash Flow!** This property generates $46,800 in annual gross rental income and is located in a prime area near a park. Each unit features two bedrooms, one bath, washer and dryer hookups, and an attached one-car garage. The units have electric heating and 200-amp service, with tenants responsible for electricity and water, while the owner covers garbage pickup. This property is eligible for FHA financing, allowing you to live in one unit while renting out the others. A fantastic investment opportunity with strong cash flow-schedule your showing today!
Location
State IL
County Mchenry
Area Harmony / Marengo
Zoning MULTI
Rooms
Basement None
Interior
Heating Electric
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Exterior Feature Deck
Parking Features Attached
Garage Spaces 3.0
Community Features Sidewalks,Street Lights,Street Paved
Roof Type Asphalt
Building
Lot Description Corner Lot,Cul-De-Sac
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Locust Elementary School
Middle Schools Marengo Community Middle School
High Schools Marengo High School
School District 165 ,165, 154
Others
Ownership Fee Simple
Special Listing Condition None