Listed by LOYD Realty
$120,000
613 REED DR EAST ALTON IL 62024
Details
APN 19-2-08-16-20-402-007
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building
Square Footage 1,625
Units 2
Cap Rate 16.27%
NOI $19,528
Occupancy 100%
Pro-Forma Cap Rate 16.27%
Pro-Forma NOI $19,528
Price per SqFt $74
Class B
Year Built 1940
Buildings 1
Stories 1
Acreage 0.100
Parking Spaces 1 per unit
Investment Type Value Add
Sale Condition For sale by owner
Convenient Location Near Everyday Essentials
Marketing description
CASH COW DUPLEX!!!
3bed/1bath units, each rents for $1100. Tons of rehab work done recently. Central heat and air. New HVAC units. Tenants pay all utilities. PROPERTY GENERATES 16%+ NET RETURN!!! Only 30min away from St Louis International Airport!! Will not last.
Property management and financing is available.
Looking for OFF-MARKET properties?? Visit our website: www.loydrealty.com/properties !!!
Listing Contacts
Listed by LOYD Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$19,528.00
$1,627.33/mo
Valuation Metrics
0
DSCR
16.27%
Cap Rate
16.27%
ROI
Map
Zoning
MR-2 ResidentialMulti FamilyMultifamily Residence
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View all 25 uses
View all 25 uses Last updated Mar 6, 2026 For deeper zoning details, reports are available at Zoneomics
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