65 Locust Street Unit #KNOX, Galesburg, IL 61401

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List Price
$1,200,000
MLS#
PA1270916
Status
ACTIVE
Acres
1.73
Year Built
1971
Municipality
PAAR Area
County
Knox
Listing Type
Commercial

Property Description

Excellent multi family investment in this 24-unit, fully leased complex in Galesburg, Illinois. Competitively priced at $50,000/unit, each of the six buildings has 4 units with 12 two bedroom and 12 three bedroom (some with 1.5 bathrooms) units averaging 1,100 SF. Each unit is allocated at least 2 parking spots with carports available for most units. There is a 2 stall garage on site for maintenance and/or owner use. These desirable units provide space for tenants of all types - professionals, families and those working from home needing dedicated office spaces. Roofs, ACs, and heat pumps were all updated within the past 5 years. Units have been renovated with flooring, cabinetry, windows and bathroom remodels as they've been turned. Tenants pay electric and owners pay water/sewer/garbage. Rent roll, expenses, photos of additional units and a video walkthrough of units are available on request. See also MLS #PA1271383.

Additional Information

Cooling
Central Air
Heating
Forced Air, Gas

Listing courtesy of Listing Agent: Justin Ball (justinashbyball@gmail.com) from Listing Office: RE/MAX Traders Unlimited.

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