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1 Latham Place Lincoln, IL 62656
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Key Details
Sold Price $176,500
Property Type Single Family Home
Sub Type Residential Income
Listing Status Sold
Purchase Type For Sale
Square Footage 6,400 sqft
Price per Sqft $27
MLS Listing ID CA20200152
Sold Date 10/09/20
Originating Board rmlsa
Annual Tax Amount $5,957
Tax Year 2019
Lot Dimensions 55X150
Property Description
WOW! A truly remarkable one of a kind historic opportunity awaits you with #1 Latham Place, Lincoln -- seven units -- all currently rented! At $190,000, this undeniably regal and amazingly solid all brick (minimal amount of vinyl siding at top of exterior side eaves) four story apartment complex is a solid buy -- and is situated right across from Latham Park and within steps of historic downtown Lincoln, Illinois! Each unit features a living room with hardwood flooring, dining area, efficient equipped kitchen, bedroom, and a full bath. Property also features charming natural woodwork, a full basement with laundry/mechanical facilities (two coin operated washer and dryers to remain) as well as both interior as well as exterior access points, efficient boiler heat (hot water), and a detached four car garage with rear alley access. Each unit rents for $450.00/month ($450.00 deposit for each). Landlord pays for water, sewer, and trash -- and also covers lawn maintenance and snow removal. T
Location
State IL
County Logan
Area Lincoln
Zoning Residential
Body of Water ***
Rooms
Basement Full, Partially Finished
Interior
Heating Gas, Hot Water, Window Unit(s)
Fireplace N
Laundry Common Area
Exterior
View true
Roof Type Metal, Shingle
Garage 1
Building
Lot Description Corner Lot, Other
Unit Features [{UnitTypeBedsTotal=1, UnitTypeType=Unit 1, UnitTypeKey=RMA707949Group_1}, {UnitTypeBedsTotal=1, UnitTypeType=Unit 2, UnitTypeKey=RMA707949Group_2}, {UnitTypeBedsTotal=1, UnitTypeType=Unit 3, UnitTypeKey=RMA707949Group_3}, {UnitTypeBedsTotal=1, UnitTypeType=Unit 4, UnitTypeKey=RMA707949Group_4}]
Water Public Sewer, Public
Structure Type Brick, Vinyl Siding
Schools
Elementary Schools Illini Central
Middle Schools Lincoln
High Schools Lincoln
Others
Tax ID 08-210-008-00
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