Single Family for Sale: 1 Dora Drive, East St Louis, IL 62206 SOLD

3 beds
1 full baths
816 sqft
$38,000
$38,000
1 Dora Drive, East St Louis, IL 62206 SOLD
3 beds
1 full baths
816 sqft
$38,000
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Selling Price: $38,000
Original List Price: $45,000
Sold at 84.4% of list price
Sold Date: 11/19/2024

Type Single Family
Style 1 Story
Architecture Traditional
Beds 3
Total Baths 1 full baths
Total Living Area 816 sqft
Square Footage 816 sqft
Lot Size 0.15 acres
Year Built 1955
Assoc Fee Paid None
Taxes Paid $1,289

City East St Louis
County St Clair-IL
Subdivision City View Place Sub

MLS 24045832
Status Closed
DOM 80 days
Seize the opportunity to purchase a tenant-occupied property guaranteeing immediate rental income! The property has been tenant occupied since June 2020, ensuring stability and peace of mind. The current annual lease provides a steady monthly rental income of $750. Key Investment Highlights: reliable lease in place until June 2025, low vacancy rate demonstrates tenant satisfaction, operating expenses are $3644 which yeilds an impressive CAP Rate of 9.9%. 10% vacancy rate factored into Cap Rate. Tenant pays all utilities, gas, electric, water, sewer, and trash, reducing landlord expenses. This property not only provides a reliable income stream but also offers excellent potential for increased income as current rent is below market. The low annual expenses and a strong CAP rate makes the decision easy. What are you waiting for? This investment is designed to maximize your returns by adding an asset producing property to your portfolio!

Room Features

Main Level Full Baths 1
Basement Description None
Master Bath Description Full Bath
Dining Description None
Kitchen Description Eat-In Kitchen
Misc Description Near Public Trans

Lot & Building Features

Appliances Gas Oven, Refrigerator
Architecture Traditional
Assoc Fee Paid None
Construction Frame, Vinyl Siding
Cooling Electric
Heat Source Gas
Heating Forced Air
Interior Decor Open Floorplan
Parking Description Off Street
Sewer Public Sewer
Special Areas Main Floor Laundry
Tax Year 2022
Water Public
Windows And Doors Some Insulated Wndws
Lot Dimensions 80x82x80x82 ft

Community and Schools

Junior High School CAHOKIA DIST 187
Senior High School Cahokia

Price History of 1 Dora Drive, East St Louis, IL

Date Name Price Difference
08/02/2024 Listing Price $38,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1 Dora Drive, East St Louis, IL

Location Map Street View
Photo of Chad Hoffmann
Direct: 636-734-2948
Office
5377 State Hwy. N Suite 452
Cottleville, MO 63304
734-2948
Listed by Elevate Realty, LLC, Tamika Evans
Sold by QDM Real Estate, LLC, Vance Ward
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20%
3.3921052631579%
6.75%
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$
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Monthly Payment
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
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Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Elevate Realty, LLC

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