331 W Main St W

Olney, IL 62450
  • $389,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 0

    SqFt

About the Listing 98228 - 1060044

Attention Investors, What An Amazing Opportunity! 13 Units Total. 4 one story Duplex's with 8 units, 2 two story apartments with 2 units each, plus one single family 2 bedroom home. Here is your chance to purchase 13, 2- bedroom units, all with a great rental history for one price. Priced at less than $30k per unit or less than $41 per sq ft. Each unit rents for $600 at this time and the property has 100% occupancy. 331 W. Main is 2 two story buildings each with 2, all electric apartments. each apartment is 858 sq ft with 2 bedrooms. The living and dining area are open and spacious and have galley kitchens. Each apartment has electric forced air heat and Central Air. 329 & 403 W. Main each having 2 ground level duplex apartment buildings. Each of the 617 Sq Ft 2 Bedroom apartments has a great layout. Each unit has electric baseboard heat and wall air units. The apartment area has a courtyard, sidewalks, off street parking, & bike rack. To be closer to your unit on street parking is also welcome. The 2- bedroom, 1 bath home on the east side is also included in the sale. The 1182 sq ft home has forced air heat and central air conditioning. The home needs a little TLC but seems to be solid and is rented. The tenant in the home pays their own utilities and each tenant in each all-electric duplex pays for their own electricity. This is an excellent investment opportunity for the landlord wanting to add to their portfolio or the investor just wanting to get started.

Listing Highlights

Status Active
Days on Site 4
Property Type Multi-Family
MLS ® 100000329
Year Built 1974
Total Square Footage 0
Lot/Acreage 0.9
County Richland
Area Olney

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Air Cond: Central Air,Electric,Wall Unit(s)
  • Heating: Electric,Forced Air,Gas,Baseboard,Individual Furnaces
  • Fireplaces: 0
  • Floor: Carpet,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 20
  • Lot Dimensions: 193 204
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $10,705
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 1103104002
  • Tax Year: 2024

Payment Calculator

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Questions About..

331 W Main St W Olney, IL 62450

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Originating MLS: mred

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