Multi-Family $ 455,000

214 E Market ST

Columbia, IL 62236

  • 3,108 SqFt
  • 0.35 Lot Size
  • 1964 Year Built
Looking to add to your investment portfolio? Now is your chance with this 5 Unit rental property in the heart of Columbia, just one block off Historic Main Street behind the Cafe on the Abbey! The house located at 318 S Metter was built in 1895 and has 1716 sq. ft of living space across 3 separate units! 2 main floor units each with 1 bed and 1 bath, and currently rent for $800 each. One Efficiency apartment upstairs brings in $485/mo. Landlord pays water, sewer, trash (approx $200/month) Updates include: Fresh paint, new front porch w/metal roof, new electric panels in 2021 and all 3 units have had updates done. Small storage shed between the properties is shared by all tenants. Duplex on Market Street was built in 1964 and has 1392 sqft. Each side has 2 BR, 1 Bath & full basement, shared staircase but each side has its own private space with washer/dryer hookups. Unit 216 was full updated in 2021 and rents for $$950 and unit 214 rents for $850. Full list of updates/ages upon request. Great place to live in one side & collect rent for the rest of property.
Listed by Keller Williams Pinnacle

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type 5 Family or More

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 108 sqft

    Price per Sqft $146

    Subdivision Christy & Wetzlers Add

    MLS Listing ID 25051261

    Style Apartment Style

    Year Built 1964

    Annual Tax Amount $6,344

    Lot Size 0.350 Acres

    Acres 0.35

    Property Sub-Type 5 Family or More

  • Location

    State IL

    County Monroe

  • Rooms

    Basement 8 ft + Pour, Concrete

  • Building

    Lot Description Back Yard

    Story 2

    Water Public

    Level or Stories Two

    Structure Type Brick,Vinyl Siding

  • Interior

    Heating Forced Air

    Cooling Central Air

    Fireplace Y

    Appliance Range, Refrigerator

    Laundry In Basement

  • Exterior

    Exterior Feature Rain Gutters

    Parking Features false

    Fence None

    Pool None

    Utilities Available Cable Available, Electricity Connected

    View Y/N No

    Roof Type Architectural Shingle

    Private Pool false

  • Schools

    Elementary Schools Columbia Dist 4

    Middle Schools Columbia Dist 4

    High Schools Columbia

    School District Columbia Dist 4

  • Others

    Ownership Private

    Acceptable Financing 1031 Exchange, Cash, Conventional

    Listing Terms 1031 Exchange, Cash, Conventional

    Special Listing Condition Standard

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