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1160 E 8th Street Metropolis, IL 62960 • Multi Unit - Multiple • New

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Description

Income-producing investment opportunity! This 4-unit rental property offers immediate cash flow with all four residential units currently occupied, plus additional income potential from 9 on-site storage units. Several storage units are already rented, creating multiple streams of revenue from day one. A rare chance to own a versatile property that combines residential rentals with additional storage income. Ideal for investors looking to expand their portfolio with a property that has strong occupancy and upside potential. Conveniently located with easy access to local amenities, this turnkey investment is ready to start working for you the moment you close.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 4
County: Massac
Listed By:
Metropolis IL Real Estate 618-919-1768
MRED MLS
$164,900
Est. $1,109/mo
4beds
4baths
New to the Market New
BEDS4 BATHS4 full MLS#12615246
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 1
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Ryan Baustian
 (563) 370-9208

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1160 E 8th Street, Metropolis, IL 62960.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $164,900$164,900$164,900
Down Payment $32,980$5,772$41,225
Monthly Mortgage Amount $780$971$1,002
Taxes $229$229$229
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$73$0
Monthly Estimated Total $1,109$1,373$1,331

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