$66,000 13%RETURN For Sale

$66,000
3 beds
2 baths

call 305-614-9105 or email us at: sales@multifamilypurchases.com

Price:: $66,000
Address:: 112 WALNUT
CAHOKIA, IL 62206
Bedrooms:: 3
Bathrooms:: 2

Terms:: For Sale
Property Type:: Apartment
Const. Type:: SIDING

Additional Features

2 UNITS ON ONE LOT SWEET DEAL!! FEW MINUTES FROM DOWNTOWN ST LOUIS Tons of rental demand, no available rentals in the area! Tenant in rear has been there 7 years, tenant in front has been there 10 years, both want to stay. New Amazon facility nearby. If management is needed, we can assist. call 305-614-9105 or email us at: sales@multifamilypurchases.com

Call 305-614-9105 for more details

My Husband and I wanted to buy some rental property but have never done any multi family, we own two single family homes now that we rent. We were nervous on our first deal, the eight unit building needed a roof and a boiler, that came to over $30,000. Chris set us up with a lender that included 100% of the rehab costs to bring the building up to our standards and then we were able to refinance the building within 4 months and able get back 100% of the money we put into the deal, now each unit has a cash flow of over $260 each within 6 months of purchasing it.

Michelle Leader

I used to by single family homes to rehab and sell them, but Chris Murray got me to think a little bigger, I bought my first 10 unit building from Multi Family Property Sales and got a cash flowing property from day one with only 7 units rented. Now that I have all 10 rented I have a positive cask flow of $2,500 per month, with all my cash back I put into the deal. This one deal changed my life. Thanks for your advice!

Leroy Jones

I was new to real estate investing, and I did not want to get into a major rehab project, I wanted to buy some units with tenants that have a decent track record of paying, I just wanted my first deal to be conservative and with little risk. The first building was a small four plex that met that criteria, nice positive cash flow from day one and other than replacing one furnace, its been a great experience. I am looking to buy more in the future to add to my portfolio.

Tim Brockwell