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Elizabeth Gregory

elizabeth@gregorylandgroup.com +1(660) 285-5423

$ 80,000

Est. payment | -/mo

1 Bed

1 Bath

600 SqFt

Save

$ 80,000

Est. payment | -/mo

Save

1 Bed

1 Bath

600 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 600 sqft

Price per Sqft $133

Subdivision Eagle Ridge

MLS Listing ID 26012198

Style Other

Bedrooms 1

Full Baths 1

HOA Fees $457/mo

Year Built 1980

Annual Tax Amount $1,435

Property Sub-Type Condominium

Property Description

Investor Opportunity! This well-maintained 1-bedroom, 1-bath condo in a desirable O'Fallon neighborhood offers the ideal combination of low-maintenance ownership and an established rental income stream. A full one-year lease is already in place with a tenant, providing an immediate investment opportunity without the hassle of finding a tenant. This main-floor end unit offers added privacy and features an inviting living area with a cozy fireplace, in-unit laundry, and a private patio. A dedicated, lockable exterior storage closet provides additional convenience and value for the tenant. Investors will appreciate the community amenities, including a pool and clubhouse, as well as the added peace of mind that comes with major exterior improvements already covered by the HOA. With no yard work or exterior maintenance to manage, this property offers a truly low-maintenance addition to an investment portfolio. The location is another major advantage, with easy access to Scott Air Force Base, shopping, restaurants, and everyday amenities, along with a convenient commute to St. Louis. Just mintues from O'fallon Family Park. Please note: This property is being offered to investors only due to the existing one-year lease. The current tenant will remain in place through the end of the lease term. A great opportunity to add a tenant occupied, low-maintenance property in a desirable location to your portfolio!

Location

State IL

County St. Clair

Rooms

Basement None

Main Level Bedrooms 1

Interior

Heating Other

Cooling Wall Unit(s)

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace Y

Laundry In Unit

Exterior

Parking Features false

Utilities Available Electricity Connected

Amenities Available Pool

View Y/N No

Private Pool false

Building

Lot Description Other

Story 1

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Unknown

Schools

Elementary Schools Ofallon Dist 90

Middle Schools Ofallon Dist 90

High Schools Ofallon

School District O Fallon Dist 90

Others

HOA Fee Include Maintenance Grounds,Common Area Maintenance,Exterior Maintenance,Pool Maintenance

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Kathryn Clark • RE/MAX Alliance

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(660) 285-5423

elizabeth@gregorylandgroup.com

115 W Washington Street Kirksville, MO, 63501

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164 Eagle RDG O'fallon, IL 62269