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Listed by Rebecca Hazzard • Re/Max of Rock Valley
$119,000
Est. payment /mo
5 Beds
2,380 SqFt
Active
103 E Lincoln Street Mount Morris, IL 61054
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Key Details
Property Type Multi-Family
Sub Type 3 - 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,380 sqft
Price per Sqft $50
Subdivision Il
MLS Listing ID 202502242
Style 2 Story
Bedrooms 5
Annual Tax Amount $3,919
Tax Year 2023
Property Sub-Type 3 - 4 Units
Property Description
OPPORTUNITY KNOCKS! Turn-Key 3-Family Investment Property with Strong Cash Flow! Don't miss this incredible investment opportunity! This well-maintained 3-family property features two 1-bedroom units and one spacious 2-bedroom unit, with two long-term tenants already in place—making this a true turn-key investment. The vacant 2-bedroom unit is move-in ready and perfect for immediate rental to boost your returns. Each unit has separate utilities, with tenants responsible for gas and electric, keeping overhead low for the owner. Additional perks include off-street parking, a large backyard, included appliances, and laundry hookups in the basement for added tenant convenience. With nothing left to do but start collecting rent, this property is a smart addition to any investor's portfolio. Call today for more information or to schedule a private showing!
Location
State IL
County Ogle County
Area O5
Interior
Hot Water Gas
Heating Baseboard
Cooling Window Unit
Exterior
Exterior Feature Brick/Stone, Wood
Garage Spaces 3.0
Roof Type Shingle
Building
Sewer City
Water City
Schools
Elementary Schools Oregon Elementary
Middle Schools Oregon
High Schools Oregon High
School District Oregon 220