Check out this prime 3-unit investment in Malta that offers an excellent opportunity for steady rental income! Situated on a spacious double lot under one PIN number, the building features separate entrances, utilities, and ample living space for each tenant. Recent updates to the property include a new roof and gutters (2019), newer carpet in Unit 3 (2022), updated windows, electrical service, and two new water heaters, as well as a new fridge, front door, and foundation repairs. In 2024, additional improvements were made with the replacement of the front stairs and the installation of new soffit and fascia. The property also offers plenty of off-street parking, a fenced in area for dogs, & a large backyard with plenty of privacy! This property is conveniently located near DeKalb & Northern Illinois University, making it ideal for student or faculty housing. With easy access to Route 38 and I-88, residents can quickly reach surrounding areas like Sycamore and Cortland. Additionally, it's close to the Shabbona Lake State Park, schools, healthcare centers, and has everything you need with a touch of country living! Schedule a showing today!
406 3rd (MLS #12273690) is a residential income listing located in Malta, IL.
This residential income listing on a lot of 19,602 sqft (or 0.45 acres) with 5 bedrooms, 3 baths and is Unknown years old. This property was listed on 01/20/2025 and has been priced for sale at $219,900.
Nearby zip codes are 60111 and 60115. This property neighbors other cities such as Clare and Dekalb.
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Listing information courtesy of: iHome Real Estate