504 South 18th Street

Herrin, IL 62948

$99,997
Price
Beds
1,236 Sq. Ft.
$81 / Sq. Ft.
1,236
Sq. Ft.
$81
per Sq. Ft.

Description

This well maintained, fully rented duplex is the perfect addition to your investment portfolio - or the ideal property to kickstart your real estate journey. This duplex is priced at an unbeatable $99,997, offering exceptional cash flow in addition to meeting the 1% rule for savvy investors. Fully rented with reliable tenants, this property generates consistent income & immediate cash flow, with minimal hassle. Each unit features 2 bedrooms, 1 bathroom, and spacious living areas with recent updates....This well maintained, fully rented duplex is the perfect addition to your investment portfolio - or the ideal property to kickstart your real estate journey. This duplex is priced at an unbeatable $99,997, offering exceptional cash flow in addition to meeting the 1% rule for savvy investors. Fully rented with reliable tenants, this property generates consistent income & immediate cash flow, with minimal hassle. Each unit features 2 bedrooms, 1 bathroom, and spacious living areas with recent updates. Don't miss this rare opportunity to own a turnkey investment property at an amazing price! Minimal maintenance and consistent cash flow make this an investor's dream. Don't miss this rare find! Schedule your showing today.
  1. Listed by Kaitlynn Morgan • House 2 Home Realty Marion • Cell: 618-969-0100

Property Details for 504 South 18th Street

Parking Total
2.0
Subdivision Name
None
LISTING UPDATED: 12/06/2024 02:01 PM

Property Details for 504 South 18th Street

StatusActive
MLS #QC4254604
Days on Market147
Taxes$1,801 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1964
Lot Size-
CountyWilliamson County

Building Information for 504 South 18th Street

Stories-Residences2Year Built1964Building Size-Lot Size-

Property Information for 504 South 18th Street

Summary
Location and General Information
  • City: Herrin
  • County Or Parish: Williamson
  • Directions: Route 148 to W on Poplar St to N on 18th St to duplex.
  • Latitude: 37.798589
  • Longitude: -89.030991
  • MLSArea Minor: QCARA Area
  • Postal Code: 62948
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 02-30-258-002
  • Tax Annual Amount: $1,801
  • Tax Legal Description: STOTLARS, W N 3RD ADD
  • Tax Year: 2022
School Information
  • High School: Herrin
Parking
  • Parking Features: Alley Access, Carport
Property
Lot Information
  • Structure Type: Duplex
  • Building Area Total: 1236.0
  • Lot Features: Level, Other
  • Lot Size Dimensions: 50x140x50x140
  • Number Of Units Total: 2
  • 100 Year Plain: Unknown
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1964
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 0
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,400
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Cedar, Wood Siding
Interior Features
  • Basement: Crawl Space
  • Heating: Heating Systems - 2+, Baseboard, Electric, Cooling Systems - 2+, Electric Water Heater, Wall Unit(s)
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $15,700
  • Gross Scheduled Income: $14,700
  • Insurance Expense: $900
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $11,599
  • Operating Expense: $2,300
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 1000
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2

Property History for 504 South 18th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 504 South 18th Street

Taxable ValueLand$3,380Additions$19,400Total$22,780
Tax Record2023$1,981 ($165 / month)
Home Facts
Beds0Total Finished SqFt1,236 SqFtAbove Grade Finished SqFt1,236 SqFtStories1StyleSingle Family ResidenceYear Built1964CountyWILLIAMSONAPN02-30-258-002

Schools near 504 South 18th Street

This home is within Herrin Community Unit School District 4.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
North Side Primary Center
PublicPK to 1

Herrin C U S D 4 Elementary School
Public2 to 5

Herrin Middle School
Public6 to 8

Herrin High School
Public9 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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504 South 18th Street is a multi-family home for sale in Herrin, IL 62948. This property was listed for sale on July 16, 2024 by House 2 Home Realty Marion, it's currently listed at $99,997. It has been on the market for a total of 147 days and was last sold on April 17, 2003. This listing's school district is Herrin Community Unit School District 4. Nearby schools include North Side Primary Center, Herrin C U S D 4 Elementary School and Herrin Middle School. 504 South 18th Street is a 0-bed, 0-bath, 1,236 sqft multi-family home built in 1964.

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Listing Courtesy of House 2 Home Realty Marion

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.