Tammy Mitchell Hines
This listing was posted on Tammy Mitchell Hines & Co (via TourFactory).
$140,000
Freeburg - 0.76 Acres
Price:
$140,000
Location:
302 North Railroad St, Freeburg, IL
Description:
INVESTMENT OPPORTUNITY. This .76 Acres lot centrally located in the heart of Freeburg. Currently Zoned MH-1, this parcel consists of 6 mobile home lots. 1 mobile home is included with this sale (older home currently rented for $490 including the lot). 5 other lots have owner occupied mobile homes and pay lot rent at a rate of $210 per month. Current annual income is $18480 with the belief that lot rental is below market value and may be increased. Seller is currently paying approximately $500 per year for insurance. Taxes are approximately $2600 per year. Each tenant mows their own lawn. All streets are city owned and maintained. Owner is responsible for sewer lines from the mobile home to the city street as is electricity from pole. One sewer line was replaced and one pole was replaced by seller over 10 years ago. Seller considers this a maintenance free property. Great ROI
Property Type:
Single-Family Houses
For sale by:
Agent/Broker
Agent Name:
Tammy Mitchell Hines
MLS Number:
23057911
Posted:
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More About this Listing: Freeburg - 0.76 Acres
Freeburg - 0.76 Acres is a Single-Family Homes for Sale at 302 North Railroad St in Freeburg IL. Find other listings like Freeburg - 0.76 Acres and listings near 302 North Railroad St by searching Oodle Classifieds for Single-Family Homes for Sale in Freeburg IL.
Freeburg - 0.76 Acres is a Single-Family Homes for Sale at 302 North Railroad St in Freeburg IL. Find other listings like Freeburg - 0.76 Acres and listings near 302 North Railroad St by searching Oodle Classifieds for Single-Family Homes for Sale in Freeburg IL.