730 S HIGH ST, PAXTON, IL 60957-1773 For Sale

This well-maintained investment property consists of three duplex buildings (six total units) situated on a single parcel. The property has a strong rental history and has consistently been easy to keep occupied. Capital improvements have been made throughout the property, including one unit that was recently renovated and two additional units that have been updated within the last 4-5 years. All six units are equipped with washers and dryers, refrigerators and stoves. Current tenants are responsible for electricity, water, and gas, with the owner paying for trash and lawn maintenance. Based on current rents and operating expenses, the property is projected to generate an approximate 8 cap rate (at a $450,000 purchase price), offering investors a solid balance of cash flow and long-term stability.