103 E LINCOLN ST new Save Request In-Person Tour Request Virtual Tour
Mount Morris,IL 61054
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12354577
Style Traditional
Bedrooms 4
Year Built 1925
Annual Tax Amount $3,919
Tax Year 2023
Lot Size 8,712 Sqft
Lot Dimensions 66.8X134
Property Sub-Type Two to Four Units
Property Description
OPPORTUNITY KNOCKS! Turn-Key 3-Family Investment Property with Strong Cash Flow! Don't miss this incredible investment opportunity! This well-maintained 3-family property features two 1-bedroom units and one spacious 2-bedroom unit, with two long-term tenants already in place-making this a true turn-key investment. The vacant 2-bedroom unit is move-in ready and perfect for immediate rental to boost your returns. Each unit has separate utilities, with tenants responsible for gas and electric, keeping overhead low for the owner. Additional perks include off-street parking, a large backyard, included appliances, and laundry hookups in the basement for added tenant convenience. With nothing left to do but start collecting rent, this property is a smart addition to any investor's portfolio. Call today for more information or to schedule a private showing!
Location
State IL
County Ogle
Area Mount Morris
Zoning MULTI
Rooms
Basement Unfinished,Full
Interior
Heating Natural Gas,Forced Air
Fireplace N
Exterior
Exterior Feature Balcony
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, Yes
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 220 ,220, 220
Others
Ownership Fee Simple
Special Listing Condition None