2 Unit in DePue

Multi-Family for Sale
Catylist Listing ID: 30469692
Property Subtypes: Duplex/Fourplex
Number of Units: 2 Units
Building Size (RSF): 1,920 SF
Gross Land Area: 6,655 SF
Sale Price: $49,900
Unit Price: $24,950 Per Unit
Property Use Type: Investment
Usable Size (USF): 1,920 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/14/2020

Overview / Comments

Steady income is the ticket on this 2 unit apartment in downtown DePue. The tenants have been here long term and are willing to stay on. Main level features 2 spacious bedrooms with closets, large kitchen and bath. Upper unit features 2 bedrooms with additional bonus room (could be 3rd bedroom). Laundry hookups in bathroom. Large yard, alley access for parking for 4 cars, additional street parking. Separate meters with utilities paid by tenant. Each unit has its' own furnace. Window a/c units owned by tenants.

Additional Details

Nearest MSA: Ottawa
County: Bureau
Taxing Authority: Bureau County
Tax ID/APN: 1735451003
Percent Occupied: 100%
Property Located Between: South of Route 29
Site Description: 55 x 121 level lot in downtown business district
Area Description: Small rural community with Lake DePue for annual boat races. Located between the communities of Spring Valley and Princeton.
Total Number of Buildings: 1
Property Condition: Average
Number of Stories: 2
Year Built: 1906
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: Vinyl Sided Exterior with Asphalt/Glass (Shingled) Roof
Parking Type: Surface
Parking Description: City Street and off alley
Total Parking Spaces: 4
Heat Type: Natural Gas
Heat Source: Central
Fuel: Gas
Zoning Description: Multi-Family
Lot Frontage: 55
Lot Depth: 121
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,732 3,106 8,768
Median Age: 33.04 38.16 40.2
Households: 593 1,139 3,491
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