1 Latham Place, Lincoln, IL 62656 (MLS # 20200152)

Price $190,000
Status Active
Beds 0
Baths 0 Bath
Home size 6,400 sqft
Lot Size n/a
Days on Market 58
WOW! A truly remarkable one of a kind historic opportunity awaits you with #1 Latham Place, Lincoln -- seven units -- all currently rented! At $190,000, this undeniably regal and amazingly solid all brick (minimal amount of vinyl siding at top of exterior side eaves) four story apartment complex is a solid buy -- and is situated right across from Latham Park and within steps of historic downtown Lincoln, Illinois! Each unit features a living room with hardwood flooring, dining area, efficient equipped kitchen, bedroom, and a full bath. Property also features charming natural woodwork, a full basement with laundry/mechanical facilities (two coin operated washer and dryers to remain) as well as both interior as well as exterior access points, efficient boiler heat (hot water), and a detached four car garage with rear alley access. Each unit rents for $450.00/month ($450.00 deposit for each). Landlord pays for water, sewer, and trash -- and also covers lawn maintenance and snow removal. Tenants are responsible for Ameren (all upper level units also have window air units that are owned by tenants). Garage stalls currently rent separately -- one currently rented for $50.00/month -- another currently rented for $75.00/month -- other two currently vacant. Garage features a slanted metal roof -- apartment complex features an architectural roof. Built to last and without question priced to sell, #1 Latham Place, Lincoln is bound to move quickly! A landlords dream!
Property Type(s): Multi Family
Last Updated 5/2/2020 Year Built 0
Community East Lincoln Township County Logan

SCHOOLS

Elementary School Dist 27
Jr. High School Lincoln
High School Lincoln

Additional Details

AIR Window Air
AIR CONDITIONING Yes
APPLIANCES Dryer, Range/Oven, Refrigerator, Washer
AREA East Lincoln Township
BASEMENT Full, Partially Finished
CONSTRUCTION Brick, Vinyl
EXTERIOR Corner Lot, Mature Trees
GARAGE Detached, Yes
HEAT Gas, Hot Water
INTERIOR Foyer, Hardwood Floors
SEWER Public
TAXES 5912.28
WATER Public
ZONING Residential

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Logan Mason to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Seth A. Goodman, ME Realty
IDX information is provided exclusively for consumers' personal and non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed.

This IDX solution is (c) Diverse Solutions 2020.

Email a Friend

Copyright © 2014 by Logan Mason Realtors.com
Website by Web Services, Inc.

Call Now Button