607 Moore St Clinton, IL 61727-1507

Property Details for 607 Moore St

Year built

1903

Construction

FRAME

Property size

4,800 SF

Property type

Commercial real estate

APN

07-26-376-010

APU

726376010

Description

This exceptional investment opportunity presents a four-unit apartment building located at 607 N Moore Street in Clinton, Illinois. The property encompasses a substantial 2,400 square feet and features three spacious two-bedroom apartments and one larger three-bedroom apartment, providing a diverse range of housing options. A key advantage for tenants, and a significant benefit for the investor, is the inclusion of water in the monthly rent for all units. This reduces tenant expenses and simplifies property management. The building's design and layout also allow for the potential addition of another unit, presenting a clear path for future income growth and increased return on investment. This expansion opportunity allows for significant upside potential, catering to the growing demand for rental housing in the area. Situated in a thriving area of Clinton, this property offers a compelling combination of immediate income generation and long-term growth prospects. The property is priced competitively at $149,900, making it an attractive proposition for both seasoned investors and those seeking to enter the real estate market. This is a rare chance to acquire a well-maintained multi-unit property with immediate cash flow and significant expansion potential in a desirable location. Don't miss this chance to secure a strong investment in a growing market.