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Opportunity to purchase three 4 families that sit side by side on a quiet dead end street in St. Charles at 308, 324, 340 San Juan Dr. Each of the buildings have been totally renovated and have 2 bedroom units that rent from $800-$850 a month with a gross monthly income of $9,850 and $119,400 annually. Expenses are $15,151 annually and with vacancy taken into account the net profit is $97,109 which is a 8.8% cap rate. Renovation included all new updated kitchens with appliances, new updated baths in each unit, refinished hardwood floors, new roofs, new siding, new gutters and downspouts, new windows, new doors, privacy fence, new lighting, hardware, paint, etc. All units have secure storage. Buildings are located just one block from a new development in St. Charles that has new restaurants, shops, movie theater and apartments. Two bedroom apartments in the new development rent for $1,660-$2,050 a month. Buildings are being sold as a package but could be financed individually.

Opportunity to purchase three 4 families that sit side by side on a quiet dead end street in St. Charles at 308, 324, 340 San Juan Dr. Each of the buildings have been totally renovated and have 2 bedroom units that rent from $800-$850 a month with a gross monthly income of $9,850 and $119,400 annually. Expenses are $15,151 annually and with vacancy taken into account the net profit is $97,109 which is a 8.8% cap rate. Renovation included all new updated kitchens with appliances, new updated baths in each unit, refinished hardwood floors, new roofs, new siding, new gutters and downspouts, new windows, new doors, privacy fence, new lighting, hardware, paint, etc. All units have secure storage. Buildings are located just one block from a new development in St. Charles that has new restaurants, shops, movie theater and apartments. Two bedroom apartments in the new development rent for $1,660-$2,050 a month. Buildings are being sold as a package but could be financed individually.