About 221 S Mill Street
Excellent Investment Opportunity - 6-Unit Multifamily Property Don't miss this strong cash-flowing investment property featuring 6 total units, including 3 one-bedroom apartments and 3 studio apartments. This well-maintained building offers an attractive opportunity for both new and experienced investors looking to start or expand their rental portfolio. Recent improvements include refreshed common hallways, a new furnace (2021), new water heater (2022), as well as vinyl siding and replacement windows. Tenants enjoy the convenience of an on-site laundry room with coin-operated machines, providing an additional income stream for ownership. Units 1, 3, 4, and 6 have been recently updated, and the photos reflect their condition prior to being re-leased. Units 2 and 5 have been occupied by long-term tenants for more than four years and were refreshed before their current occupancy. Featuring efficient, easy-to-rent floor plans and solid rental history, this property is a great addition to any investment portfolio. Whether you're looking for your first multifamily investment or your next income-producing asset, this opportunity deserves a closer look.
Features of 221 S Mill Street
| MLS® # | 12669430 |
|---|---|
| Price | $219,000 |
| Bathrooms | 0.00 |
| Year Built | 1871 |
| Type | Commercial Sale |
| Sub-Type | Multi Family 5+ |
| Status | Active |
Community Information
| Address | 221 S Mill Street |
|---|---|
| Area | Pontiac |
| City | Pontiac |
| County | Livingston |
| State | IL |
| Zip Code | 61764 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished, Crawl Space |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter |
Additional Information
| Days on Market | 109 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Judy Powell Realty |
|---|