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Off market
  • Price Unknown

    513 Red Bud Ln, Troy, IL 62294

    --beds
    0baths
    6,120sqft
    MultiFamily
    Built in 1991
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $859 Estimated rent

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    $859/mo

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    $859/mo

    Rent Zestimate®

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    What's special

    Attention all investors! This is a terrific opportunity to add to your portfolio! This well-maintained 10 unit apartment complex is situated in a quiet neighborhood in Troy, IL. All units are identical with 1 bedroom, 1 full bath, eat-in kitchen with stove and refrigerator, living room, and washer and dryer in each unit. Patio space for each unit and a covered common area for picnics. Plenty of parking for all residents and guests. Roof new after hail storm in 2017. All units are fully leased and on yearly leases. Managed by a local management company. Tenants pay for water, sewer, & electric on their own. Trash, snow removal, and lawn maintenance is part of the monthly leases. Units A, B, C, E, H, & I pay $425/mo., Units D, G, & J pay $475/mo., and Unit F pays $445/mo. No smoking allowed in units. Located close to shopping, dining, and interstate access.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Other
    Cooling
    • Central
    Appliances
    • Laundry: Prvt Laund all units
    Interior area
    • Structure area source: County Records
    • Total interior livable area: 6,120 sqft

    Property

    Parking
    • Details: Parking Lot, 2+ Space/Unit
    Features
    • Exterior features: Wood, Brick
    Lot
    • Size: 0.66 Acres
    • Features: Corner Location, Suburban
    Details
    • Special conditions: Sale

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Troy

    Other

    Other facts
    • WaterSource: Public
    • Heating: Forced Air, Other
    • GarageYN: true
    • HeatingYN: true
    • CoolingYN: true
    • NumberOfUnitsTotal: 1
    • Furnished: Unfurnished
    • PetsAllowed: No
    • NumberOfUnitsInCommunity: 1
    • NumberOfBuildings: 1
    • OpenParkingYN: true
    • TenantPays: Electricity, Water
    • SecurityFeatures: Smoke Detector(s)
    • Sewer: Public
    • OtherParking: Parking Lot, 2+ Space/Unit
    • ParkingFeatures: Parking Lot, 2+ Space/Unit
    • Cooling: Central-Electric
    • SpecialListingConditions: Sale
    • BuildingAreaSource: County Records
    • ConstructionMaterials: Cedar/Wood, Brick Veneer Decrtv
    • BuildingFeatures: Prvt Laund all units
    • LaundryFeatures: Prvt Laund all units
    • LotFeatures: Corner Location, Suburban
    • StructureType: Apartment Complex
    • NetOperatingIncome: 36540.00
    • CoListAgentFullName: Scott Heinlein
    • MlsStatus: Pending
    • GrossIncome: 53040.00
    • OperatingExpense: 16500.00