101 W Richardson St., Farmer City, IL 61842

101 W Richardson St., Farmer City, IL 61842
Photo 1 of 11
$72,000
Sold on 8/12/17
Beds Baths Sq. Ft. Taxes Built
2 2.00 1,300 $1,951.46 1978
On the market: 106 days
View full details, 15 photos, school info, and price history
Great cash flow investment property. Mortgage is approximately $300 a month with $1060 per month coming in. So over $600 per month in positive cash flow after maintenance is figured in. The numbers simply make sense on this one. Both units are leased. Newer flooring, New sewer lines installed this year. Updated mechanicals, both interior and exterior improvements over the last two years. These units are very well-maintained and owned by responsible landlord. Owner is only selling so he can consolidate his portfolio into one geographical area. The units rent extremely easy. Everything is ready for the new landlord to take over and instantly start collecting solid returns.
Listing courtesy of Nate Evans, KELLER WILLIAMS-TREC-MAHO