225-229 E Water, Galesburg, IL 61401

Property Description

Solidly built income producing brick tri-plex is fully rented w/ one year leases for all tenants. Unit 1 (#225) on main floor rents for $650/month, has 3 BR, 1 BA, fireplace, 2 additional rooms & a washer/dryer. Dryer is located in small room off kitchen. Current owner has remodeled the large kitchen & bathroom, new back porch deck, & installed new flooring throughout. Unit #2 upstairs (229-2) has 1 BR, 1 BA & rents for $450/month. Current owner has placed new windows, remodeled kitchen, bath, electrical, and flooring to this unit. Unit #3 (229-1) has 1 BR, 1 BA, and has a long term tenant of 17 years at $350/month. This tenant does some yard work at that rent level & has been very helpful. He doesn't own a car so doesn't need a parking space. Has always paid rent in full on time. The property has two driveways & street parking is available. Large floored attic. Appliances are included but not warranted. 24 hour notice for showings.