This former motel has been converted into 6 efficiency apartments. Brick exterior, aluminum windows. Large lot has room for expansion or construction of other buildings Camper hookups at each end of building. Past years income have varied with top monthly income being $6000 during bridge construction phase in Meredosia. Standard income is $400 per month for each efficiency apartment. Giving gross yearly income at 100% occupancy at $28,800 per year. Estimates are: insurance-$2700 yearly, taxes-$1200, Utilities-$7200, Internet-$1500, Repair/Vacancy-$4000 Additional land space could be developed into a storage facility or other income producing business.
Off market
Zestimate®
$286,500
999 State Highway 104, Meredosia, IL 62665
0beds
1,604sqft
SingleFamily
Built in ----
1.66 Acres Lot
$286,500 Zestimate®
$179/sqft
$1,955 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 12
- Full bathrooms: 6
- 1/2 bathrooms: 6
Cooling
- Wall
Appliances
- Included: Microwave
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 1,604 sqft
Property
Features
- Exterior features: Brick
Lot
- Size: 1.66 Acres
Details
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Asphalt
Condition
- Major remodel year: 0
Utilities & green energy
- Electric: Amps(0)
- Sewer: Private septic
Community & neighborhood
Location
- Region: Meredosia
Other
Other facts
- Flooring: Carpet
- Roof: Asphalt
- HeatingYN: true
- CoolingYN: true
- RoomsTotal: 7
- Furnished: Unfurnished
- ParkingFeatures: Driveway
- YearBuiltEffective: 0
- CoveredSpaces: 0
- OpenParkingYN: true
- LandLeaseAmount: 0
- Appliances: Microwave
- Cooling: Wall/Window Unit(s)
- TaxYear: 2021
- ConstructionMaterials: Brick Siding
- Sewer: Private septic
- MlsStatus: Active
- TaxAnnualAmount: 1124
- Electric: Amps(0)
- AvailabilityDate: 2023-04-17
- Available date: 04/17/2023