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225-229 E WATER ST Galesburg, IL 61401
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Key Details
Sold Price $65,000
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 3,168 sqft
Price per Sqft $20
Subdivision Galesburg
MLS Listing ID CA996761
Sold Date 01/16/20
Maintenance Fees $1,000
Originating Board rmlsa
Year Built 1933
Annual Tax Amount $1,556
Tax Year 2018
Lot Dimensions 49 x 132
Property Description
Solidly built income producing brick tri-plex is fully rented w/ one year leases for all tenants. Unit 1 (#225) on main floor rents for $650/month, has 3 BR, 1 BA, fireplace, 2 additional rooms & a washer/dryer. Dryer is located in small room off kitchen. Current owner has remodeled the large kitchen & bathroom, new back porch deck, & installed new flooring throughout. Unit #2 upstairs (229-2) has 1 BR, 1 BA & rents for $450/month. Current owner has placed new windows, remodeled kitchen, bath, electrical, and flooring to this unit. Unit #3 (229-1) has 1 BR, 1 BA, and has a long term tenant of 17 years at $350/month. This tenant does some yard work at that rent level & has been very helpful. He doesn't own a car so doesn't need a parking space. Has always paid rent in full on time. The property has two driveways & street parking is available. Large floored attic. Appliances are included but not warranted. 24 hour notice for showings.
Location
State IL
County Knox
Area Galesburg Northeast
Direction Traveling North on Broad St., turn right onto E Water Street.
Body of Water ***
Rooms
Basement Brick/Mortar
Interior
Interior Features Cable Available
Heating Forced Air, Gas, Gas Water Heater
Fireplace N
Exterior
View true
Street Surface Paved
Accessibility Level
Handicap Access Level
Total Parking Spaces 2
Garage 1
Building
Lot Description Level
Faces Traveling North on Broad St., turn right onto E Water Street.
Unit Features [{UnitTypeBedsTotal=3, UnitTypeType=Unit 1, RMA_FullBaths=1, RMA_HalfBaths=0, UnitTypeActualRent=650, RMA_NumberParking=1, RMA_NumberUncovered=1, RMA_NumberCovered=0}, {UnitTypeBedsTotal=1, UnitTypeType=Unit 2, RMA_FullBaths=1, RMA_HalfBaths=0, UnitTypeActualRent=450, RMA_NumberParking=0, RMA_NumberUncovered=0, RMA_FireplaceYN=N, RMA_NumberCovered=0}, {UnitTypeBedsTotal=1, UnitTypeType=Unit 3, RMA_FullBaths=1, RMA_HalfBaths=0, UnitTypeActualRent=350, RMA_NumberParking=1, RMA_NumberUncovered=1, RMA_FireplaceYN=N, RMA_NumberCovered=0}, {UnitTypeType=Unit 4}]
Water Public Sewer, Public
Structure Type Brick
New Construction false
Schools
Middle Schools Churchill
High Schools Galesburg
Others
Tax ID 9910481007
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