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654 Webster Street

Ottawa, IL 61350
  • $180,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 11299240
UPDATED: 55 min ago
$180,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

ATTENTION INVESTORS!!! 8 unit multifamily investment located within walking distance to Ottawa's downtown shopping, restaurants and grocery story. 7 occupied units with 8th unit currently undeveloped for a total 3.89 GRM and a CapRate of 20.8. Month to month rents with some long term leases. Some electrical, plumbing updates over the years, roof approx. within 10years old. Very profitable property for any portfolio whether first time investor or seasoned. Call today to schedule your private showing!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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654 Webster Street Ottawa, IL 61350

  • Price: $180,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 55 min ago
  • MLS #: 11299240
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1886
Built
Neighborhood:
Danway / Dayton / Naplate / Ottawa / Prairie Center
County:
La Salle
Area:
Danway / Dayton / Naplate / Ottawa / Prairie Center
Property Description
ATTENTION INVESTORS!!! 8 unit multifamily investment located within walking distance to Ottawa's downtown shopping, restaurants and grocery story. 7 occupied units with 8th unit currently undeveloped for a total 3.89 GRM and a CapRate of 20.8. Month to month rents with some long term leases. Some electrical, plumbing updates over the years, roof approx. within 10years old. Very profitable property for any portfolio whether first time investor or seasoned. Call today to schedule your private showing!
Exterior Features

Foundation Details Stone Frontage Type City Street Outdoor Parking 1-5 Spaces Parking Total 5 Roof Composition Roof Structure Gable

Interior Features

Basement Unfinished Cooling Wall Sleeve Fireplaces Total 2 Heat Ventilation Central Bldg Heat Number Of Ranges 7

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3000 Built Before1978 YN Yes Current Use Multi-Family Gross Income 46200 Gross Scheduled Income 46200 Insurance Expense 3600 Location Corner Maintenance Expense 700 Mls Actual Status Active Net Operating Income 37000 Operating Expense 9200 Tax Annual Amount 3302.04 Tax Year 2020 Tenant Pays Electricity Total Monthly Income 3850 Township Ottawa Type Multi Family 5+ Zoning Commr

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Re/Max 1st Choice.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2022-01-25T23:58:17.537 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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