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For more information on this property, contact Joe Schramm at 563-340-2409 or whyusaschramm@gmail.com

621 N STATE Street
Geneseo, Illinois IL 61254
Price: $350,000
Listing ID QC4215661
Status Active
Price Per Sq Ft $110.79
SqFt 3,159
Acres 0.350
Subdivision None
Year Built 1929

Property Description:

Unit 5, 2 BR, 1 Bth, 1 garage, Rent $635 Unit 6, 2 BR, 1 Bth, two parking, Rent $580. This 6 plex is an excellent rental property. The units are in good condition and need just regular maintenance. Building has extremely nice back yard area with patio for tenant use. One unit has three season porch and two car garage. Would be excellent owner occupied building. Some units have own washer/dryer. Washer and dryer included in basement for common use. two units could be three bedrooms with some modification.
Joe Schramm
Title: Mg Broker
Cell Phone: 563-340-2409

Features

Property Type: Residential Income
Property Sub Type: Residential Income
Parking Features: Attached, On Street, Other
Parking Total: 12
Lot Size Dimensions: 96.15 X 158
Lot Features: Level
County: Henry
Subdivision: None
Year Built: 1929

Interior

Basement: Full, Partially Finished
Heating: Forced Air, Gas
Interior Or Room Features: Cable Available
Laundry Features: Other

External

Number Of Units Total: 6
Structure Type: Two or More Story
Roof: Shingle
Water Source: Public Sewer, Public
Exterior Features: Fence
Road Surface Type: Paved
Number Of Electric Meters: 7
Number Of Gas Meters: 1
Number Of Heating Units: 2
Number Of Water Heaters: 2
Number Of Water Meters: 1
Manager On Site: no

Location

Directions: State Street to property
High School: Geneseo High School
100 Year Plain: No
MLS Area Minor: QCARA Area

Financial

Gross Income: 75084
Gross Scheduled Income: 51300
Miscellaneous Annual Income: 23784
Net Operating Income: 51200
Tax Annual Amount: 8119.68
Tax Year: 2021
Tenant Pays: Electricity
Operating Expense: 15764
Advertising Expense: 100
Gas Expense: 2063
Insurance Expense: 2740
Maintenance Expense: 6350
Trash Expense: 411
Water Sewer Expense: 4100
Current Financing: Cash Only, Conventional
Disclosed Short Sale: N

Additional

Buyer Agency Compensation: 2.4
Dual Variable Compensation: yes
Documents Available: None Available
Documents Count: 1

Zoning Info


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