5 Beverly Lane

Marissa, IL 62257

$55,000
Price
Beds
2,100 Sq. Ft.
$26 / Sq. Ft.
2,100
Sq. Ft.
$26
per Sq. Ft.

Description

Check out this 4 unit apartment complex that is currently set up as 1 bed / 1 bath units. Property includes an off-street parking area for tenants and is also a block away from Dollar General. Repairs are needed, but there is potential for quick cash flow since one unit at a time could be updated and rented out while work on the remaining units are completed. There is only 1 water meter going to the property. Could be a great investment opportunity!Check out this 4 unit apartment complex that is currently set up as 1 bed / 1 bath units. Property includes an off-street parking area for tenants and is also a block away from Dollar General. Repairs are needed, but there is potential for quick cash flow since one unit at a time could be updated and rented out while work on the remaining units are completed. There is only 1 water meter going to the property. Could be a great investment opportunity!
  1. Listed by Brad Chandler • Property Peddler, Inc

Property Details for 5 Beverly Lane

Cross Street
NA
LISTING UPDATED: 08/08/2024 05:12 PM

Property Details for 5 Beverly Lane

StatusActive
MLS #24002793
Days on Market294
Taxes$1,583 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi-Family 2-4
Year Built-
Lot Size0.11 AC / 4,792 SF
CountySt. Clair County

Building Information for 5 Beverly Lane

Stories-Residences-Year Built-Building Size-Lot Size0.11 AC / 4,792 SF

Property Information for 5 Beverly Lane

Summary
Location and General Information
  • City: Marissa
  • County Or Parish: St Clair-IL
  • Directions: Turn north off 13 onto N Bess then turn right onto Beverly ln Property is half way down street to you left
  • Latitude: 38.251116
  • Longitude: -89.750602
  • Postal Code: 62257
  • State Or Province: IL
  • Sub division Name: NA
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 21-22.0-319-019
  • Tax Annual Amount: $1,583.00
  • Tax Legal Description: Deed to govern
  • Tax Year: 2022
Owner
  • Township: Marissa
Parking
  • Attached Garage: No
  • Parking Features: Off Street, Unassigned
  • Driveway: Gravel
School Information
  • Elementary School: MARISSA DIST 40
  • High School: Marissa
  • High School District: Marissa DIST 40
  • Middle Or Junior School: MARISSA DIST 40
Property
Lot Information
  • Lot Size Acres: 0.11
  • Lot Size Dimensions: 50 x 100
  • Lot Size Source: County Records
  • Lot Size Square Feet: 4792.0
  • Property Sub Type: Multi-Family 2-4
  • Property Type: Residential Income
Property and Assessments
  • Above Grade Finished Area: 2100.0
  • Above Grade Finished Area Source: Other
  • Documents Count: 3
  • Building Desc: Needs Rehab,Other
  • Photos Count: 30
  • Videos Count: 0
  • Disclosures: Unknown,Code Compliance Reqd,Limited Seller Discl,Sellers Discl. Avail
  • Construction Materials: Other
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Some Refrigerator(s), Some Range Oven(s)
  • Heat Source: Electric
  • Cooling: Wall/Window Unit(s)
  • Heating: Radiant Floor
  • Heating YN: Yes
Multi Family
Multi-Family Information
  • Type of Units: 4-Family
Income & Expenses
  • Miscellaneous: No Basement/Slab
  • Net Operating Income: $.00
  • Operating Expense Includes: Taxes,Maintenance Gounds,Other
  • Total Expenses: 0.00
Rental
Rent Information
  • Lease Term: One or More Vacant
  • Tenant Pays: Electricity, Gas, Trash Collection

Property History for 5 Beverly Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5 Beverly Lane

Taxable ValueLand$2,800Additions$15,906Total$18,706
Tax Record2023$1,518 ($126 / month)
Home Facts
Beds0Total Finished SqFt1,792 SqFtAbove Grade Finished SqFt1,792 SqFtStories1Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built1970Year Renovated1985CountyST. CLAIRAPN21-22-0-319-019

Schools near 5 Beverly Lane

This home is within Marissa Community Unit School District 40.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Marissa Elementary School
PublicPK to 6

Marissa Jr & Sr High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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5 Beverly Lane is a multi-family home for sale in Marissa, IL 62257. This property was listed for sale on January 19, 2024 by Property Peddler, Inc, it's currently listed at $55,000. This listing's school district is Marissa Community Unit School District 40. Nearby schools include Marissa Elementary School and Marissa Jr & Sr High School. 5 Beverly Lane is a 0-bed, 0-bath, 2,100 sqft multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Property Peddler, Inc

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.