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Welcome to Magnolia, Illinois, where an incredible investment opportunity awaits! Introducing this exceptional 4-unit rental apartment building, strategically located in a serene setting that offers the best of both worlds. Whether you're seeking a cozy retreat near excellent hunting grounds or a reliable income generator for contractors or long-term tenants, this property has it all. This charming building boasts two units perfectly tailored for short-term rentals, providing an ideal escape for those looking to unwind amidst the tranquility of Magnolia's natural beauty. Nestled in close proximity to prime hunting areas, outdoor enthusiasts will relish the opportunity to indulge in their favorite pastime, making this an attractive option for vacationers and hunting enthusiasts alike. For those seeking a stable and profitable long-term investment, the remaining two units offer excellent potential. Ideal for contractors working on local projects or individuals in need of reliable and comfortable accommodations, these units provide the perfect balance of convenience and comfort. Each unit features two bedrooms and a well-appointed bathroom, ensuring the utmost comfort for residents. Convenience is further enhanced by the inclusion of coin-operated laundry facilities, providing added value and convenience for tenants. This amenity saves them time and effort while generating an additional income stream for the astute investor. Magnolia, Illinois, offers a peaceful and welcoming community with a strong rental market, making this property an outstanding opportunity for investors looking to make a sound investment. With its versatile layout and proximity to natural attractions, this 4-unit rental apartment building holds immense potential for both short-term and long-term rental success. Don't miss out on this rare chance to own a multi-purpose investment property in Magnolia. Seize the opportunity today and reap the rewards of owning a lucrative rental property in this sought-after location. Contact us now to schedule a viewing and secure your future in the thriving rental market of Magnolia, Illinois!
| DAYS ON MARKET | 4 | LAST UPDATED | 5/26/2023 |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Magnolia |
| COUNTY | Putnam | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AREA | Magnolia |
|---|---|
| BASEMENT | Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Natural Gas |
| LOT DIMENSIONS | 60'X180' |
| PARKING | None |
| SEWER | Public Sewer |
| TAXES | 839.12 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with HomeSmart Realty Group
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2023 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2023 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2023.