BEDS0
BATHS
MLS#12669430
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Excellent Investment Opportunity - 6-Unit Multifamily Property Don't miss this strong cash-flowing investment property featuring 6 total units, including 3 one-bedroom apartments and 3 studio apartments. This well-maintained building offers an attractive opportunity for both new and experienced investors looking to start or expand their rental portfolio. Recent improvements include refreshed common hallways, a new furnace (2021), new water heater (2022), as well as vinyl siding and replacement windows. Tenants enjoy the convenience of an on-site laundry room with coin-operated machines, providing an additional income stream for ownership. Units 1, 3, 4, and 6 have been recently updated, and the photos reflect their condition prior to being re-leased. Units 2 and 5 have been occupied by long-term tenants for more than four years and were refreshed before their current occupancy. Featuring efficient, easy-to-rent floor plans and solid rental history, this property is a great addition to any investment portfolio. Whether you're looking for your first multifamily investment or your next income-producing asset, this opportunity deserves a closer look.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Lot Size: 0.24 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $3,195
Year Built: 1871
Feature Descriptions
Electric: Circuit Breakers, Service - 101 to 200 Amps
Exterior: Vinyl Siding
Fire Protection: Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
HVAC: Forced Air, Gas
Lot Dimensions: 78x132
Parcel#: 151522451019
Units: 6
Utilities: Sewer Connected, Cable Available, Fiber
Listed By / Shown By
Listed By
Agency Name: Judy Powell Realty
Agency Phone: 815-626-7450
Shown By
Agent Name: Erik Milaicki
Agent Phone: (815) 228-2289
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 842.70 per month $509.65 Principal & Interest $266.25 Property Tax $66.79 Homeowner's InsuranceChange Payment Information
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221 S Mill Street | MLS# 12669430
This multi-family property located at 221 S Mill Street , Pontiac, IL 61764 is currently listed for sale with an asking price of $229,000. Search Pontiac real estate on erikmilaicki.dickersonnieman.com today.