105-109 5TH Avenue, Aledo, IL, 61231
105-109 5TH Avenue, Aledo, IL, 61231Basics
- Date added: Added 1 day ago
- Category: Residential Income
- Type: Residential Income
- Status: Active
- Year built: 1938
- SubdivisionName: Original Town Aledo
- ListOfficeName: Adam Merrick Real Estate
- LeaseTerm: Variable
- ListAOR: rmlsa
- MLS ID: RMAPA1263753
Description
-
Description:
Prime Investment Opportunity: 105-109 Northeast 5th Street, Aledo! Unlock incredible income potential in the heart of Aledo with this well-maintained four-unit building. This property represents a premier opportunity for investors seeking immediate cash flow and long-term stability. The strategic layout features two spacious two-bedroom units alongside two efficient studio units, ensuring a diverse appeal that caters to a wide range of local rental needs. What truly sets this investment apart is the perfect balance of stability and immediate growth. The building is currently anchored by reliable, long-term tenants, providing a solid foundation for your portfolio from day one. Additionally, one unit is currently vacant and move-in ready, offering the immediate upside of placing a new tenant at current market rates or even pursuing an owner-occupied financing strategy. Located within easy reach of local Aledo schools, parks, and downtown amenities, this turnkey multi-family property is built to perform. Whether you are expanding an existing portfolio or looking for a strong entry into the market, this is an income-producer you don't want to miss.
Show all description
Location
- CountyOrParish: Mercer
- Directions: SE 3RD, N ON 5TH TO PROPERTY.
Building Details
- ParkingTotal: 6
- NewConstructionYN: No
- Heating: Baseboard, Electric, Forced Air, Natural Gas, Gas Water Heater, Window Unit(s)
- Basement: Crawl Space, Partial, Unfinished
- Exterior material: Vinyl Siding
- Roof: Shingle
- Parking: Attached
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
