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509 3rd Avenue
Sterling IL 61081 US

$150,000

Active Listing ID 12121158
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4 bed
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Other

$150,000

Active Listing ID 12121158
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509 3rd Avenue 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!

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Roof Type: Asphalt
  • Heating Fuels: Forced Air

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 150000
  • unparsedaddress: 509 3rd Avenue
  • postalcity: Sterling
  • stateorprovince: IL
  • country: US
  • postalcode: 61081
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Tim McCaslin
  • listagentemail: sold@jimandtim.com
  • listagentkey: 3yd-MREDIL-930348
  • listagentmlsid: 930348
  • listagentpreferredphone: 8157167653
  • listagentofficephone: 8156253722
  • listofficekey: 3yd-MREDIL-93115
  • listagentstatelicense: 471002068
  • listofficemlsid: 93115
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1900
  • listingcontractdate: 2024-07-25
  • listagenturl: http://www.saukvalleyrealestate.com
  • countyorparish: Whiteside
  • parcelnumber: 11214340060000
  • elementaryschooldistrict: 5
  • middleorjuniorschooldistrict: 5
  • highschooldistrict: 5
  • constructionmaterials: Asbestos
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 3
  • parkingfeatures: Garage
  • roof: Asphalt
  • waterfrontyn: False
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Sauk Valley", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"sold@jimandtim.com", "ListBrokerageCity":"Sterling", "ListBrokerageCountry":"US", "ListBrokerageEmail":"johnrosengren@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/107/326506/20160331154020772.png", "ListBrokerageName":"RE/MAX Sauk Valley", "ListBrokeragePhone":"(815) 625-3722", "ListBrokeragePostalCode":"61081", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"110 E. Lynn Blvd", "ListBrokerageWebsiteUrl":"http://www.saukvalleyrealestate.com", "ListOfficeAddress1":"110 E Lynn Blvd.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"930348", "ListOfficeCity":"Sterling", "ListOfficeCountry":"US", "ListOfficeEmail":"johnrosengren@gmail.com", "ListOfficePostalCode":"61081", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential Income - Sterling, IL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/509-3rd-Ave_Sterling_IL_61081_M83821-49361?f=listhub&s=MREDIL&m=12121158&c=rexren", "MLSModificationTimestamp":"2024-11-01T16:51:02Z", "Neighborhoods":[{"Description":null, "Name":"Sterling"}], "PostalCode":null, "RoomCount":9, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1594, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 9:08:53 AM GMT
Source Updated Date: 11/23/2024 6:52:39 AM GMT

Courtesy of: Tim McCaslin, RE/MAX Sauk Valley, sold@jimandtim.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.