Sold
506 North Broadway Salem, IL 62881
.17 Acres
3730 sq ft.
5 Bedrooms
2 Bathrooms
1 Half Baths
ABOUT THE PROPERTY

MOTIVATED SELLER!

Check out this investors dream! Looking to build your portfolio? This gem is ready for you! This home was used as two separate rental units, two separate entrances, two separate units for heating and cooling! With newer HVAC in BOTH units! Unit 1 above needs some minor cleaning and sprucing up and would be ready to rent… Due to a water leak the unit below has been partly gutted. A lot of new plumbing, and some newer electrical updates. And is ready to be finished out. And turn into that dream income property!

OR if you are looking for an affordable larger home ready to be customized! There is a master stairwell attaching both floors you would just need to remove the wall built at the top of the stairs and you would have a 5 bed 2.5 bath home. Not to mention another bonus of a large garage at the back of the home! You must check out this property!

Property line is approximately 10 foot behind garage.( one parking space) City easement is the gravel road behind.
BONUS: Newer HVAC, some updated electrical, some updated plumbing. All appliances in the home are included but are not guaranteed.

NOTE: Per tax records home is 1865 sq ft on Main level. Total sq footage is showing 3730 sq ft and is approximate and not guaranteed. Botton Unit is only partly finished so finished sq footage is approximate.

DETAILS
Price:
$74,500
Property Type:
Residential
Address:
506 North Broadway Salem, IL
Lot Size:
.17
State:
IL
MLS ID:
Zip Code:
62881
Closest City:
Salem
County:
Marion County
Year Built:
1900
EXTRA FEATURES
2 units
5 bed 2.5 bath
Appliances
investment opportunity
investment property
Newer HVAC
rental property
MAP LOCATION