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Property Description

Great opportunity to get a piece of the Fox Valley rental market. This brick building is turn key, and ready for a new owner. It features 2, two-bedroom apartments, garage and driveway parking. Unit 494 has a 1 car attached garage and Unit 496 has an attached 2 car garage. The roof is 12 years old. Both units rent very easy and 496 tenant has been in the unit for the last 5 years. Tenants are responsible for gas and electric plus cable if wanted. Building is on city water and owner pays. Home is mostly brick with some stucco. 496 unit has an enclosed deck with access from patio door in kitchen. 496 also has a fireplace in the basement. Unit 494 has a deck with access from patio door in kitchen. Property backs to pond. This is a great rental property in downtown Burlington. Property Being Sold "AS IS". Tenant in 494 is month to month. Tenant in 496 will be vacating 9/30/24.

Overview

Property Status
Sold
Lot Size
0.5 Acres
MLS ID
12139245
Property Type
Multi-Family
Year Built
1978

Features & Amenities

Garage Spaces
3.0
Water Source
Public
Roof
Asphalt
Heat Type
Natural Gas, Electric
Sewer
Septic-Private
Other Exterior Features
Deck
School District
301
Sales Price
$394,000
Real Estate Tax
$11,836/yr

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494-496 South Street

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