618-497-4663
618-497-4663
120 Cindy Lane O’Fallon IL

120 Cindy Lane O’Fallon IL

120 Cindy Lane, O'Fallon, St. Clair, IL, 62269, United States

Active

$735,000

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Property ID:

 MIS25024200

Year Built
1940
Area
6800 Sq Ft
Lot Size
84942 Sq Ft

Description

Cha-Ching! You’ll be rolling in the dough with this turn-key investment opportunity that consists of five duplex buildings totaling 10 rental units – all on 1.95 acre of land. This sale includes an extra parcel of land with 1.24 acre for future development – (reference Shiloh Zoning for possibilities). Both parcels are zoned B3 (Duplex units are considered grandfathered). Each duplex unit consists of 2 bedrooms, living room, kitchen and full bath. Rents vary from $750 to $830 – so there is plenty of room for increases. Get in on the ground floor before land prices go up with the Frank Scott Parkway extension development coming soon- just across from Bobbie Drive. Located within minutes from the Scott AFB main gate, popular Shiloh/O’Fallon Schools and a park like setting….now that’s a winner! New roof in Apr 2025 on Unit 118 & 120. (Please Do Not Disturb tenants – Do Not Walk Around Units). ….You snooze you loose!

Listing presented by Roger Roddy RE/MAX Alliance

 

Additional Details

  • Status: Active
  • Special Listing Conditions: Standard
  • List Date:
  • County: St. Clair
  • Township: Shiloh
  • Neighborhood: Third Principal Meridian Sec 4
  • Schools: SHILOH VILLAGE DIST 85 | SHILOH VILLAGE DIST 85 | OFallon
  • Water Source: Public
  • Interior Features: rooms | 0 bathrooms | 0 bedrooms
  • Room Sizes:
  • Appliances: Gas Water Heater
  • Basement:
  • Lot Features:
  • Construction Materials: Frame Vinyl Siding
  • Cooling: Ceiling Fan(s) Central Air Electric
  • Heating: Forced Air Natural Gas
  • Parking Features: On Street Unassigned
  • Sewer: Septic Tank
  • Architectural Style: Low/1-2
  • Levels:
  • Current Financing:
  • Tax Information: Taxes: 11980 (Year: 2024)

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30 Years Fixed, 3.5% Interest
  • Principle and Interest

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