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1701 Salem Road

Bloomington, IL 61704
  • $333,000
  • STATUS: Closed
  • ON SITE: 28 Days
  • MLS #: 11725933
Sold - 03/24/2023
$333,000
SOLD - 03/24/2023
  • 8
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Holiday Knolls
Type:
Multi-Family
Built:
1977
County:
Mc Lean
Area:
Bloomington

School Information

Elementary School:
Stevenson Elementary
Middle School:
Bloomington Jr High School
High School:
Bloomington High School
School District:
87
School Ratings & Info

Description

Attention Investors! Great investment opportunity with excellent cash flow. Property has been well maintained by owner, not a management company. Here is a chance to invest in a property that does not need capital for a lot of deferred maintenance. New roof in 2021 and new mail boxes in 2020. Unit 1 painted in 2020. Unit 2 remodeled in 2021 and new dishwasher and range in 2021. Unit 3 remodeled in 2018, new A/C in 2021, and new paint. Unit 4 remodeled in 2019 and new refrigerator, range, and water heater in 2019.

Sold by Keller Williams Revolution.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-26T12:58:20.637 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1701 Salem Road Bloomington, IL 61704

  • Price: $334,900
  • Status: Closed
  • On Site: 28 Days
  • Updated: 58 min ago
  • MLS #: 11725933
8
Beds
0
Baths
0
½ Baths
N/A
Acres
1977
Built
Neighborhood:
Holiday Knolls
County:
Mc Lean
Area:
Bloomington
Elementary School:
Stevenson Elementary
Middle School:
Bloomington Jr High School
High School:
Bloomington High School
School District:
87
Property Description
Attention Investors! Great investment opportunity with excellent cash flow. Property has been well maintained by owner, not a management company. Here is a chance to invest in a property that does not need capital for a lot of deferred maintenance. New roof in 2021 and new mail boxes in 2020. Unit 1 painted in 2020. Unit 2 remodeled in 2021 and new dishwasher and range in 2021. Unit 3 remodeled in 2018, new A/C in 2021, and new paint. Unit 4 remodeled in 2019 and new refrigerator, range, and water heater in 2019.
Exterior Features

Architectural Style Bi-Level Exterior Building Type Vinyl SidingBrick Lot Size Less Than .25 Acre Multi Family Type 4 Flat Parking Details Space/S Parking Onsite Yes Parking Ownership Owned Parking Total 8 Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bedrooms Below Grade 0 Bedrooms Total 8 Full Baths In Building 4 Half Baths In Building 0 Heating ElectricBaseboard Rooms Total 20

Property Features

Age 41-50 Years Built Before1978 YN Yes Corporate Limits Bloomington Financing Conventional General Information None Gross Income 40800 Mls Actual Status Closed Net Operating Income 32753 New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Short Sale Not Applicable Special Listing Conditions List Broker Must Accompany Tax Annual Amount 3806.94 Tax Year 2021 Total Numberof Unitsin Building 4 Total Rental Income 40800 Township City Of Bloomi Type Two To Four Units Water Source Public Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Real Estate Group: 309-662-9333.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2023-03-26T12:58:20.637 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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