207 Howard DrO'Fallon, IL 62269
- Apartment buildings
- 0.19 AC
Property Details for 207 Howard Dr
- Year built
- 1975
- Lot size
- 0.19 AC
- Property type
- Apartment buildings
Description
This well-maintained, two-unit apartment building at 207 Howard Drive, O'Fallon, IL 62269, presents a fantastic investment opportunity. Built in 1975, this property sits on a 0.19-acre lot (APN: 04-29.0-202-009) and boasts a Net Operating Income (NOI) of $13,100. The duplex features two identical units, each offering two bedrooms and 1.5 bathrooms. Each unit provides a practical layout with spacious bedrooms, a full bathroom upstairs, and a half-bathroom on the main floor. Additional amenities include a carport, dedicated storage area, and laundry hookups for each unit. The property's prime location in O'Fallon, IL offers easy access to schools and shopping, making it highly attractive to tenants. Currently, both units are leased and professionally managed, ensuring a consistent income stream for the investor. The asking price for this turnkey investment property is $199,000. This is an exceptional opportunity to acquire a stable, income-generating asset in a desirable location.
Location Insight
- City
- O'Fallon
- County
- St. Clair
- State
- Illinois
- Latitude
- 38.5936
- Longitude
- -89.9015
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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