Seller represented by:
Seth A Goodman with ME Realty

806 N HAMILTON Street
  • Active
  • Residential Income

806 N HAMILTON Street, Lincoln, IL 62656 806 N HAMILTON Street Get directions

$125,000
1,936 Sq.ft.
  • Age 123 Years
  • Area None
  • MLS# CA1025410
  • Listed October 13, 2023

Overview

This two story aluminum sided structure is host to three one bedroom units and one efficiency unit! Fully rented currently, you can purchase and instantly see $1825.00 in monthly rental income! Units are currently rented for $450, $450, $500, and $425/month (all have month to month leases and deposits equivalent to one months rent). All range/ovens and refrigerators are owned by seller and will remain with property. Property also features a full usable basement and a newer furnace. Current owner pays one Ameren bill (which includes the furnace and water heater that each serve the entire structure as well as basement/common area lighting), water, sewer, garbage, and is responsible for lawn maintenance. Tenants are responsible for their own monthly Ameren bills. No laundry facilities currently on premises. Opportunity knocks with this four unit apartment building!

Features

Basement

  • Full
  • Unfinished

Laundry Features

  • None

Cooling

  • Window Unit(s)

Heating

  • Natural Gas
  • Forced Air

Lot

  • Level
  • Lot Size Dimensions: 40X150

Garage and Parking

  • On Street

Construction Details

  • Shingle
  • Block

Sewer

  • Public Sewer

Water Source

  • Public

Nearby Schools

School Type School
High School Lincoln
  • 806 HAMILTON, Lincoln, IL 62656 $125,000
  • 1,936 Sq. ft.

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