699 E Fort Street, Farmington, IL 61531

Sqft
8,000

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Listed byMove Smart Realty
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Overview

Attention investors and renovators! This multi-family property offers a great value-add opportunity with four units per building. 3 separate buildings situated on spacious lots with a large parking area. The unit mix includes two 2-bedroom units and two 1-bedroom units, providing solid rental potential once improvements are completed. The buildings do require repairs and updates, making this an ideal project for an investor looking to renovate and increase rental income. The generous lot sizes and ample parking add convenience and flexibility for tenants and future improvements. With the right vision and updates, this property has strong potential to become a solid long-term income-producing investment.

Location

Full feature list

Basic info

Property type
Multi-family
Square feet
8,000

Interior features

Basement
Yes

Utilities

Heating
Electric
Cooling
Window unit(s)
Sewer
Public sewer
Water
Public

Estimated monthly costs

Electricity
$720
Insurance
$3,000

Taxes

Tax Annual Amount (2024)
$7,767.30

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: RMLS Alliance MLS®#: PA1264874 Last checked:

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.