1020 9th St, Highland, IL 62249

$165,000
2,414
SqFt

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List Price
$165,000
Days on Market
1
MLS#
26067275
Status
ACTIVE
Living Sq. Ft
2,414
Lot Size
7,000
Acres
0.16
Year Built
1920
Municipality
Highland
County
Madison
Listing Type
Multifamily

Property Description

Investment opportunity in the heart of Highland! This two-family property features a spacious 3-bedroom unit ($1350 rent) and a separate 1-bedroom unit (rented for $800), offering flexibility for investors or owner-occupants looking to offset their mortgage with rental income. The property currently generates $25,800 in annual gross income. The water/sewer is included in rent for tenants as there is one water meter. The rest of utilities are covered by each tenant. Both units will be sold with its appliances, making the transition easy for the new owner and tenants. The basement provides two sets of washers and dryers, with a dedicated set available for each unit. Whether you’re adding to your rental portfolio or exploring multi-family ownership, this Highland property is well worth a look! Preapproval or proof of funds required to show as to not bother current tenants.

Additional Information

School District
Highland DIST 5
Elementary School
HIGHLAND DIST 5
Jr. High School
HIGHLAND DIST 5
Sr. High School
Highland
Parking Description
Alley Access, On Street
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional

Listing courtesy of Kris Dempsey. Equity Realty Group, LLC

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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