1 Dora Drive
East St Louis, IL 62206
- 3 beds
- 1 bath
- 816 sqft
- 6,534 sqft lot
- $55 per sqft
- 1955 build
- – on site
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!
Last checked:
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Last updated Oct 21, 2024
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MLS# 24045832 —
The Building
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Year Built:1955
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Architectural Style:Traditional
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Construction Materials:Frame, Vinyl Siding
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Window Features:Some Insulated Wndws
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Levels:One
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Basement:None
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Basement:false
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Above Grade Finished Area:816
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Above Grade Finished Area Source:Public Records
Interior
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Rooms Total:5
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Interior Features:Open Floorplan
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Living Area:816
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Fireplace:false
Financial & Terms
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Price Per SqFt:55.15
Location
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Directions:IL-157 / IL-163 / Old Missouri Ave to Agnes Dr then immediately turn right on onto Dora Dr. Home sits on the corner.
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Latitude:38.550887
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Longitude:-90.137292
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Cross Street:Camp Jackson Road
The Property
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Parcel Number:07-07.0-204-017
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Property Type:Residential
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Property Subtype:Residential
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Lot Features:Corner Lot, Level Lot
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Lot Size Acres:0.15
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Lot Size Dimensions:80x82x80x82
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Lot Size SqFt:6534
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Lot Size Source:County Records
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Water Source:Public
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Waterfront:false
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Driveway:Gravel
Listing Agent
- Contact info:
- Agent phone:
- (314) 380-0581
- Office phone:
- (314) 380-0581
Taxes
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Tax Year:2022
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Tax Annual Amount:1289
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Tax Legal Description:CITY VIEW PLACE SUB LOT/SEC41 DOC A02592607
Beds
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Bedrooms Total:3
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Main Level Bedrooms:3
Baths
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Total Baths:1
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Full Baths:1
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Main Level Baths:1
The Listing
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Disclosures:Unknown, Code Compliance Reqd, Flood Plain No, Occupancy Perm Req, Sellers Discl. Avail
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Special Listing Conditions:No Exemptions, None
Heating & Cooling
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Cooling:Electric
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Heating:Forced Air
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Heating:true
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Gas Oven, Refrigerator
Schools
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Elementary School:CAHOKIA DIST 187
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Middle Or Junior School:CAHOKIA DIST 187
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High School:Cahokia
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High School District:Cahokia DIST 187
The Community
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Subdivision Name:City View Place Sub
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Pool Private:false
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Association Fee Frequency:None
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HOA Fee Includes:NA
Parking
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Garage:false
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Attached Garage:false
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Parking Features:Off Street
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Carport:false
Monthly cost estimate
Asking price
$45,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$240
|
| Taxes | $107 |
| Insurance | $12 |
| Utilities | $128 See report |
| Total | $487/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/21/24
Oct 21, 2024
|
Pending | MARIS | $45,000 | |
|
8/1/24
Aug 1, 2024
|
Listed / Active | MARIS | $45,000 | |
|
7/29/24
Jul 29, 2024
|
Coming Soon | MARIS | $45,000 | 109.3% (16.7% / YR) |
