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Investment Highlights
- The fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income
- In 2021, all five units were upgraded with high-efficiency HVAC systems, five new hot water heaters, new electrical panels, and renovated kitchens.
- All-new flooring, fresh paint throughout, and updated switches, outlets, and light fixtures.
Executive Summary
This incredible 5-unit property offers spacious layouts, with each unit featuring 2 bedrooms and 1 bathroom. The property has undergone extensive updates, making it a true turnkey investment. In 2021, all five units were upgraded with high-efficiency HVAC systems, five new hot water heaters, new electrical panels, and beautifully renovated kitchens complete with Forevermark cabinets, granite countertops, and stainless steel appliances. Bathrooms have been fully remodeled with new shower enclosures, vanities, toilets, and fixtures.
Additional improvements include all-new flooring (vinyl and carpet), fresh paint throughout, and updated switches, outlets, and light fixtures for a modern, polished look. The property is further enhanced with a new roof installed in 2018.
This fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income. Located in the tranquil community of DuQuoin, this investment gem is ideal for seasoned investors or those looking to start their real estate journey.
Don’t miss out on this rare opportunity to own a beautifully upgraded multi-family property in DuQuoin!
Additional improvements include all-new flooring (vinyl and carpet), fresh paint throughout, and updated switches, outlets, and light fixtures for a modern, polished look. The property is further enhanced with a new roof installed in 2018.
This fully updated property requires no major renovations, offering an excellent opportunity for immediate rental income. Located in the tranquil community of DuQuoin, this investment gem is ideal for seasoned investors or those looking to start their real estate journey.
Don’t miss out on this rare opportunity to own a beautifully upgraded multi-family property in DuQuoin!
Property Facts
| Price | $452,004 CAD | Lot Size | 0.17 AC |
| Price Per Unit | $90,401 CAD | Building Size | 4,900 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1976/2016 |
| Property Subtype | Apartment | Parking Ratio | 2.04/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C |
| Price | $452,004 CAD |
| Price Per Unit | $90,401 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,900 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1976/2016 |
| Parking Ratio | 2.04/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Microwave
- Washer/Dryer Hookup
- Eat-in Kitchen
- Kitchen
- Granite Countertops
- Refrigerator
- Stainless Steel Appliances
- Range
- Carpet
- Vinyl Flooring
Site Amenities
- Picnic Area
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 2-61-1290-120 | Improvements Assessment | $63,438 CAD |
| Land Assessment | $8,247 CAD | Total Assessment | $71,685 CAD |
Property Taxes
Parcel Number
2-61-1290-120
Land Assessment
$8,247 CAD
Improvements Assessment
$63,438 CAD
Total Assessment
$71,685 CAD
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