509 3rd Avenue, Sterling, IL 61081

  • $150,000
  • $150,000
509 3rd Avenue, Sterling, IL 61081
  • Residential Income
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Garages
  • 1900
  • Year Built
For Sale
509 3rd Avenue, Sterling, IL 61081
  • $150,000
  • $150,000

Overview

Property ID: 24091448
  • Residential Income
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Garages
  • 1900
  • Year Built

Description

Great cash flow property with a turn key investment. The property is a 2-story triplex is in a great neighborhood with units consisting of a two bedroom, one bedroom, and a studio. The studio was completely renovated in 2019, giving it a modern and updated feel. The property features a new roof installed in 2018 and new windows added in 2021, ensuring good insulation and protection from the elements. It also boasts a large porch at the front and a rear screened-in porch, providing extra space for tenants to enjoy. Additionally, there is a three-car garage that can be rented out for added income. The original woodwork adds charm and character to the units, attracting high-quality tenants who appreciate quality craftsmanship. Tenants are responsible for taking care of the landscaping, which can save on maintenance costs. The property commands impressive rent rates due to its desirable features and excellent condition. Rents are 1000.00, 730.00 and 750.00. Two of the tenants are 60+ yr old sisters that have lived in the two bed and one bed for over 15 yrs. Spacious main floor, 2 bedroom, 1 bathroom. Second floor has 1 bedroom, 1 bathroom apartment and furnished studio apartment. Landlord pays all utilities. Average $500 per month. Current tenants are Month to Month. Don’t miss out on this amazing income generating opportunity!

  • Address 509 3rd Avenue
  • City Sterling
  • State/county IL
  • Zip/Postal Code 61081
  • Country United States

Details

Updated on August 22, 2024 at 1:13 pm
  • Property ID: 24091448
  • Price: $150,000
  • Bedrooms: 4
  • Garages: 3
  • Year Built: 1900
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: MRD12121158
  • Office Name: RE/MAX SAUK VALLEY
  • Agent Name: Tim McCaslin
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD93115
  • List Agent MLSID: MRD930348
  • List Date: 2024-07-25T18:21:32.000Z
  • Roof: Asphalt
  • Sewer: Public Sewer
  • Heating: Natural Gas,Forced Air
  • Tax Annual: 1594
  • Tax Year: 2023
  • County: Whiteside
  • Community Features: Curbs,Street Lights,Street Paved
  • Water Source: Public
  • Community Features: Curbs,Street Lights,Street Paved

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