• DESCRIPTION

    Gorgeous newly Renovated Queen Anne 5 Unit Multi-Family property 2 blocks from Franklin Square and near Wesleyan and ISU campuses. Several units have been remodeled -down to the studs and look incredible. All common areas have new carpet and paint. This property has always been very easy to rent and stayed full even during the pandemic. Great cash flow and extremely well maintained. The largest unit that's multi-level has all new appliances including washer & dryer and furnace. Every unit has been painted in neutral gray tones and one unit in a brown tone. There is a laundry room with coin operated units. Building is secured. This is a must see and will not likely last long in this market. Owner is also the realtor listing the property. Photos have captions so you can easily tell what pictures or for each unit. There are captions on the photos that also describe the main updates to each unit. Some professional photos and others are not. Professional photos coming of each unit 1st week listing goes active.

    KEY DETAILS
    • Price:
    • $395,000
    • Bedrooms:
    • 0
    • Full Baths:
    • 0
    • Square Footage:
    • n/a
    • Acreage:
    • 0.16
    • Year Built:
    • 1910
    • MLS #:
    • MRD11456434
    • Street Address:
    • 402 E Mulberry St
    • City:
    • Bloomington
    • State:
    • IL
    • Postal Code:
    • 61701
    • County:
    • Mc Lean
    • Area:
    • Bloomington
    • Listing Status:
    • For Sale - Active

    Building

    • Basement Description:
    • Unfinished
    • Exterior Description:
    • Vinyl Siding
    • Number Of Fireplaces:
    • 1
    • Stories:
    • 2
    • Year Built:
    • 1910

    Business

    • Annual Electric Expenses:
    • 574
    • Annual Insurance Expenses:
    • 1800
    • Annual Maintenance Expenses:
    • 833
    • Annual Trash Expenses:
    • 1591
    • Annual Water/Sewer Expenses:
    • 2326
    • Estimated Potential Income:
    • 5400
    • Gross Income:
    • 64800
    • Net Operating Income:
    • 48500
    • Operating Expense:
    • 17737

    Land

    • Conforms To Zoning:
    • Commr
    • Existing Land Use:
    • Multi-Family

    Listing

    • Days On Market:
    • 88
    • Originating Mls:
    • Mred

    Money

    • Property Taxes:
    • $6,087
    • Tax Year:
    • 2020
    • Tenant Pays:
    • Electricity, Sewer

    Structures

    • Parking Spaces:
    • 2

    Systems

    • Cooling System:
    • Central Air
    • Utilities:
    • Sanitary Sewer, Water-Municipal

    Source

    • Listing Provided By RE/MAX Rising

      ILMRED
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    SCHOOL RATINGS

    No school information available.

    NOTES

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