206 w edwards st, Payson, IL 62360

$295,000

bedrooms

bathrooms

square feet

Acreage

1.0

Open Houses

year built

Full Baths

Half Baths

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Incredible investment opportunity! This 4 unit apartment complex is conveniently located in Payson, Illinois just 15 minutes from Quincy, Illinois. The property currently offers $39,000 in yearly income from the 4 apartments offering over a 12% gross ROI at asking price! All the units are currently rented with great renters & all units have many recent updates in the past few years (listed below). All units have their own central air & furnace. If you are looking for a great investment property give us a call! Recent Upgrades: Apartment 1: Air conditioner / Stove / Range Hood / Tile-Laminate / Carpet In Larger Bedroom / Most Interior Doors / 4 Windows / Railing On Porch / Faucets / Lighting / Trim / Shelving / Paint / Bathroom Ceiling Apartment 2: New Flooring / New Tile / Three New Windows / Doors / Lighting / Toilet / Shelving / Paint / Trim / Ceilings Apartment 3: All New Flooring / Drywall / Ceilings / Tub / Vanity / Doors / Furnace / Air conditioner / Lighting / Water Heater / Trim / Shelving / Paint Apartment 4: Flooring In Kitchen / Faucets / Closet Doors / Paint Outside: New Shared Patio / Charcoal Grill / Picnic Table / New Mailboxes

Location
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Elementary School	-
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MLS number: 11445829

Listing agent: James Nelson

Listing broker: Hometown Real Estate (217) 285-6000

Last update: Monday, April 7 2025 at 12:59 p.m. EDT

Kotohomes National