134 W 3rd Street, Byron IL 61010 Photo 1 134 W 3rd Street, Byron IL 61010 Photo 2 134 W 3rd Street, Byron IL 61010 Photo 3 134 W 3rd Street, Byron IL 61010 Photo 4 134 W 3rd Street, Byron IL 61010 Photo 5 134 W 3rd Street, Byron IL 61010 Photo 6 134 W 3rd Street, Byron IL 61010 Photo 7 134 W 3rd Street, Byron IL 61010 Photo 8 134 W 3rd Street, Byron IL 61010 Photo 9 134 W 3rd Street, Byron IL 61010 Photo 10 134 W 3rd Street, Byron IL 61010 Photo 11
Listing Courtesy of Bird Realty

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134 W 3rd Street - This 16 unit building features 8 one bedroom, one bath units and 8 two bedroom, one bath units. This multifamily building is offered for sale as a package of 8 rental properties in Byron, IL. Excellent rental history with a total of 9 buildings and 48 total units. Cap rate for this package is just over 10%. Extremely well maintained buildings with long term renters. Amazing investment opportunity in an upscale small town setting. Sold as a package - buildings will not be separated.

Listing information

  • MLS® ID: 10594174
  • Status: Active
  • New Construction: No
  • County: Ogle
  • Style: Multi-Family
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1977
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $15,637

Features

Air Conditioning Wall Sleeve
Approximate Age 36-50 Years
Built Before 1978 (Y/N) Yes
Current Use Residential-Multi-Family
Exterior Building Type Vinyl Siding
Franchisor Feed(y/n) No
Heat/Ventilation Electric
Information None
Other # Of Units - 16, Electricity Expense - 0, Fuel Expense - 0, Gross Rent Multiplier - 1, Gross Rental Income $ - 112500, Insurance Expense - 4440, Janitor Expense - 0, Net Oper Income $ - 85155, Other Expenses - 1400, Repairs-Decor Expense - 2800, Scavenger Expense - 0, Tax Year - 2018, Total Annual Exp - 27345, Total Annual Income - 112500, Total Monthly Income - 9280, Township - Byron, Water Expense - 0, Zoning Type - Multi
Outdoor Parking 19-30 Spaces
Property Type Multi Family 5+
Tenant Pays Electric
Type Multi-Family Corridor-Interior Entrance
Listing Courtesy of Bird Realty