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$ 449,900

Est. payment -/mo

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455 Park DR Marengo, IL 60152

6 Beds

10,454 Sqft Lot

UPDATED:

08/17/2024 08:41 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

Subdivision Parkrise

MLS Listing ID 12130299

Style Ranch

Bedrooms 6

Year Built 1977

Annual Tax Amount $6,613

Tax Year 2022

Lot Size 10,454 Sqft

Lot Dimensions 79X134

Property Description

**Fully Occupied Investment Property with Impressive Cash Flow!** This property generates $46,800 in annual gross rental income and is located in a prime area near a park. Each unit features two bedrooms, one bath, washer and dryer hookups, and an attached one-car garage. The units have electric heating and 200-amp service, with tenants responsible for electricity and water, while the owner covers garbage pickup. This property is eligible for FHA financing, allowing you to live in one unit while renting out the others. A fantastic investment opportunity with strong cash flow-schedule your showing today!

Location

State IL

County Mchenry

Area Harmony / Marengo

Zoning MULTI

Rooms

Basement None

Interior

Heating Electric

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Exterior Feature Deck

Garage Attached

Garage Spaces 3.0

Community Features Sidewalks, Street Lights, Street Paved

Waterfront false

Roof Type Asphalt

Building

Lot Description Corner Lot, Cul-De-Sac

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Locust Elementary School

Middle Schools Marengo Community Middle School

High Schools Marengo High School

School District 165 , 165, 154

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Basel Tarabein • RE/MAX At Home

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