Troy, IL 62294,513 Red Bud Lane
Troy, IL 62294,513 Red Bud Lane
Troy, IL 62294,513 Red Bud Lane
22
$425,000
$429,900
1.1%
Est.Price: ?

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513 Red Bud Lane Troy, IL 62294

Est. payment /mo
SOLD DATE : 02/07/2020

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Key Details

Sold Price $425,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10871500

Sold Date 02/07/20

Year Built 1990

Annual Tax Amount $12,599

Lot Dimensions 105X273

Property Description

Attention all investors! This is a terrific opportunity to add to your portfolio! This well-maintained 10 unit apartment complex is situated in a quiet neighborhood in Troy, IL. All units are identical with 1 bedroom, 1 full bath, eat-in kitchen with stove and refrigerator, living room, and washer and dryer in each unit. Patio space for each unit and a covered common area for picnics. Plenty of parking for all residents and guests. Roof new after hail storm in 2017. All units are fully leased and on yearly leases. Managed by a local management company. Tenants pay for water, sewer, & electric on their own. Trash, snow removal, and lawn maintenance is part of the monthly leases. Units A, B, C, E, H, & I pay $425/mo., Units D, G, & J pay $475/mo., and Unit F pays $445/mo. No smoking allowed in units. Located close to shopping, dining, and interstate access.

Location

State IL

County Madison

Interior

Fireplace N

Exterior

View Y/N true

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Listed by Michelle Heinlein • RE/MAX Alliance
Bought with Michelle Hawthorne • RE/MAX Alliance

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agent

Rex Jarnagin

Broker | FA.FA.100004380

+1(720) 515-1738

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