UNDER CONTRACT!

418-420 Ponderosa Avenue

For Sale: $199,000

4 Beds
2 Baths
Duplex / One Story
Building 1,730 sq ft
Lot 12,197 sq ft
Year Built: 1979
MLS: 21052554
Parcel: 04-31.0-405-016
Property Tax: $3,765/year
418-420 Ponderosa Avenue, O'Fallon, IL 62269

O'Fallon Duplex in an Ideal Location

This duplex in O’Fallon offers incredible access to highways, shopping, recreational facilities, SAFB, and downtown St. Louis. Each unit has 2 bedrooms, a full bath with double bowl vanity; vaulted ceiling in the living room and dining room; kitchen with full appliances, and a laundry/mechanical room. Each side has an attached garage with electric opener and a patio area at the rear. Unit 420 is currently unoccupied but has been freshly repainted and is ready for a new tenant or owner. As either an investment property or owner-occupied home, you’ll benefit from its appealing location and easy maintenance design. Ongoing upgrades make this a true turn-key property!  Monthly Income: Unit 418 currently leased for $875; Unit 420 (vacant) previously rented for $950. Yearly expenses: Insurance - $1383; Maintenance/lawn care - $843; Management Fee - $840; City inspection fee - $100; Real Estate Taxes - $3,765. Estimated NOI: $14,961

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418-420 Ponderosa Avenue
O'Fallon, IL 62269
4 Bed | 2 Baths

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