$615,000
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313 N Main Street Montgomery, IL 60538
General Commercial
Residence
Beds
Baths
...
Bed/Bath
3,064
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
What a find! This property consists of two separate buildings under one PIN number! 313 N Main is a 2 bed 1 bath single family home with a full basement & 315 N Main is a 4 unit building. All 5 units are currently leased, and there is a massive value add opportunity as several rents are below market.... 313 N Main roof, furnace & water heater are less than 5 years old. 315 N Main roof & furnaces are approximately 5 years old. Each unit in 315 building has its own furnace. 315 N Main consists of a 1 bed 1 bath, (2) 2 beds 1 bath, and a 2 bed 2 bath unit that also leases the basement. Property is located in Downtown Montgomery - your tenants will enjoy walking to restaurants, riverfront & more. Low overhead property! 313 N Main pays all of their own utilities and also takes care of lawn mowing for both buildings. Tenants take care of their own snow removal - not an owner expense! At 315 N Main owner is responsible for water, sewer & garbage. Tenants are responsible for gas & electric.
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MLS#
12270224
Property Type
General Commercial
Year Built
1910
Square Feet
3,064
sq. ft
Lot Size
0.19
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