$113,000
0.44± Acres
Under Contract
Vermilion County, Illinois

6 Unit Apartment Building for Sale

ID: 53144
Status: Under Contract
Price: $113,000
Acres: 0.44±
Type: Commercial
Address: 504 Honeywell
City, State: Hoopeston, Illinois
County: Vermilion
ZIP Code: 60942
Presented By: Floyd Young
Taxes: $4,063
Dwelling Sq Ft: 3,000
Bedrooms: 8
Bathrooms: 6

Description

Welcome to your next lucrative investment in the heart of Hoopeston, Illinois! This 6-unit apartment building offers a golden opportunity for savvy investors seeking stable returns and long-term growth in the thriving rental market.

Key Features:

  1. Profitable Income Stream: With six spacious units, comfortable living spaces, this property guarantees a steady flow of rental income.
  2. Prime Location: Nestled in a desirable neighborhood of Hoopeston, residents enjoy easy access to local amenities, schools, and employment opportunities, enhancing the property's appeal and rental demand.
  3. Strong Rental History: Benefit from a proven track record of high occupancy rates and consistent rental income, providing peace of mind and financial stability.
  4. Potential for Growth: With Hoopeston experiencing steady economic growth and development, capitalize on the opportunity to increase rental rates and property value over time.

Investment Highlights:

  • Diverse tenant base ranging from young professionals to small families, ensuring a stable occupancy rate.
  • Excellent cash flow potential and attractive ROI for investors seeking passive income and wealth accumulation.
  • Flexible financing options available to qualified buyers, making ownership more accessible and affordable.

Don't miss out on this exceptional chance to add a prime income-generating asset to your investment portfolio. Contact us today to schedule a viewing and secure your future in the thriving Hoopeston real estate market. Call residential specialist Floyd Young to schedule a private showing today. 217.304.4974

Ask Floyd About This Property

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