About This Home
This 11-bedroom, 6-bathroom residential multi family at 1015 douglas Street E in Morris, IL is listed for $600,000. Built in 1950, on a N/A lot.
Key Features
- Built in 1950
- 2 stories
Property Details
Amenities
A terrific opportunity in Morris! 5 income producing apartments AND a large storage garage, approx 2400 sq ft, which brings in additional revenue storing cars, boats, Rv's jet skis, motorcyles etc. overhead doors front and back provide easy in and out, plus there's a side entry.
The building is currently fully rented. The main level features a refreshed 1 Bed, 1 Bath, (apt 5) which used to be the former shop office, utilities included in rent, electric baseboard heat. Upstairs, find another 1 bedroom, 1 bath residence, (Apt 4) utilities also included in rent, electric baseboard heat.
Also upstairs, 2 units with 3 beds/1 bath, (apts 1 and 2)Tenants pay for electric and gas forced air heat. One 3 bedroom, 2 bath, tenant pays gas forecd air heat, (Apt 3). Owner pays water/sewer/dumpster averaging 660/mos and electric for common area and units 3,4,5.
Monthly Cost Estimate
$3,209/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1015 douglas Street E
Morris, IL 60450
Property Details
Construction
Cooling
Questions & Answers
This 11-bedroom, 6-bathroom residential multi family at 1015 douglas Street E is listed at $600,000. The estimated monthly payment is $3,209 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 2 stories.
This property is listed by Karen Robertson and can be reached at (708) 949-4379.