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220 E State Street

Jacksonville, IL 62650
  • $350,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: CA1016145
UPDATED: 67 min ago
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Information

Description

Check out this great fully renovated Downtown Jacksonville mixed use property. 4 apartments, one of which is a new Airbnb, and a commercial space. Parking in the rear or on the street. Proforma is roughly $6,200 per month at 60% occupancy on the Airbnb. Units are completely updated and new with tenants that would love to stay. Gross rents listed include Airbnb rents, but not the commercial unit.

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© 2022 RMLS Alliance, 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 the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2022-08-09T17:45:28.08.
www.kathygarst.com/homes/131014527
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220 E State Street Jacksonville, IL 62650

  • Price: $350,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 67 min ago
  • ID#: CA1016145
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
None
County:
Morgan
Area:
Jacksonville Northwest
High School:
Jacksonville District #117
Property Description
Check out this great fully renovated Downtown Jacksonville mixed use property. 4 apartments, one of which is a new Airbnb, and a commercial space. Parking in the rear or on the street. Proforma is roughly $6,200 per month at 60% occupancy on the Airbnb. Units are completely updated and new with tenants that would love to stay. Gross rents listed include Airbnb rents, but not the commercial unit.
Exterior Features

Construction Materials Brick Parking Features AssignedOn StreetOther Parking Total 5 Roof Shingle

Interior Features

Basement Full Building Area Total 6500 Heating ElectricCentral Number Of Central Air Units 4 Number Of Dryers 2 Number Of Electric Meters 6 Number Of Gas Meters 0 Number Of Heating Units 4 Number Of Ranges 4 Number Of Washers 2 Number Of Water Heaters 4 Numberof Refrigerators 4

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Gross Income 43200 Gross Scheduled Income 43200 Insurance Expense 1000 Lot Features Other Lot Size Dimensions 30X180 Manager On Site YN No Net Operating Income 39320 New Construction YN No Number Of Water Meters 5 Operating Expense 3880 Structure Type Other Tax Annual Amount 1380.46 Tax Legal Description See Tax Records Tax Year 2021 Trash Expense 1200 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Jami Winchester of The Real Estate Group, Inc..
© 2022 RMLS Alliance, LLC. All Rights Reserved.


© 2022 RMLS Alliance, 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 the MLS or Kathy Garst Sales Team | The Real Estate Group. Data last updated: 2022-08-09T17:45:28.08.
 
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Kathy Garst Sales Team | The Real Estate Group
3701 W. Wabash Ave
Springfield IL, 62711