*SALE PENDING* Ref 1582 - 1703 Ash Street, Lawrenceville, IL 62439
2 Bedroom, 1 Bath All Brick Home with 1 Car Attached Garage!
Excellent Investment Opportunity in Lawrenceville, IL 62439
4 Single Family Homes with Low Maintenance Brick Exterior, Recent Roofs and Low Entry Doors & Garages
1703, 1705, 1707 & 1709 Ash Street
4 Consecutive Properties!
Over $2,800 Per Month of Rental Income!
BUY CASH FLOW
BUY PASSIVE INCOME
BUY YOUR FUTURE INCOME
BUY YOUR DREAM HOME
Key Location: Located near Shopping, Elementary, Jr. High and High School, City Park, City Pool, Baseball and Softball Diamonds, Football Field & Track.
Ref 1582 - 1703 Ash Street, Lawrenceville, IL 62439
Offered for Sale at just $84,000
All Brick Construction Single Family Dwelling, Large Living Room, 1 car attached garage, Architectural Shingled Roof and HVAC systems both replaced in last 11-12 years, Slab on Grade Construction
Square Feet: 1,216
Year Built Per County Records: 1975
Lot Sizes: Each Property has a current survey as of 2020.
Lot Sizes on Record is: 69.85' W on Rear x 106.25' D with 71.01' W Frontage on Ash Street
Current Real Estate Taxes: Real Estate Taxes will be prorated to date of closing using the most recent available tax bill.
Lawrence Co. Index Number: 06-000-450-30
Estimated Real Estate Taxes:
Owner Occupied: $856.78
Non-Owner Occupied: $1,310.50
BASIC TERMS AND CONDITIONS
Rent Payment / Pro-rations: All parties agree that preferably, the first day of a month would be ideal to limit the need for pro-rations on rent & other expenses that would transfer date of deed transfer.
Leases / Assignment of Leases: All current tenants are on lease with rent due the 1st of each month.
Assignment of Security Deposit to Buyer: Buyer(s) will receive credit date of closing for any and all security deposits the current tenants have placed. This will be in the form of a credit shown closing disclosures from buyer(s) total purchase price to protect both buyer and seller.
Possession & Closing: Closing shall occur on a date mutually agreed upon by the parties, but in no event no later than thirty (30) days after Buyer has been presented with evidence of title as provided herein, preferably, the first day of a month. The parties shall be equally responsible for the closing agent fees, except that Buyer shall be solely responsible for any closing agent fees incidental to or arising from financing or the issuance of a mortgage title insurance policy. Possession date of closing.
Utilities: Seller/current tenant to maintain to date of closing, buyer / tenant thereafter.
Evidence of Title Insurance: Seller shall provide the Buyer at closing a surface title insurance policy in the amount of the purchase price at the Seller’s expense, except Buyer shall pay customary Buyer’s search charges, any Lender’s policy and any other cost associated with buyer. The title insurance policy shall show the buyer as owner of record of the subject real estate only to easements, covenants and restrictions apparent or of record, applicable zoning and building restrictions.
Warranties: The Seller expressly warrants that Seller has received no notice from any city, village, or other governmental authority of a current dwelling code or other ordinance violation or pending rezoning, reassessment, or special assessment proceeding affecting the premises. Seller warrants that no contracts for the furnishing of any labor or material to the land or the improvements thereon, and no security agreements or leases in respect to any goods or chattels that have been or are to become attached to the any improvements thereon as fixtures, will at the time of closing be outstanding and not fully performed and satisfied.
Deed of Conveyance: As soon as practicable, Seller shall execute a record-able Deed sufficient to convey the real estate to Buyer subject only to exceptions permitted herein, to be delivered to Buyer at the closing of this transaction upon Buyer’s compliance with the terms of the purchase agreement.
Water Surcharge: Please Note: Each Property / each unit has a surcharge of just $18 a month added to their monthly water bill to ensure trouble free, headache free maintenance of the water and sanitary sewer system within the “Village Estates” subdivision. . Please note: As with most municipal systems, city is responsible for the following - Water: main to meter only. Sanitary Sewer: after waste line enters sanitary sewer main.
Age Restrictions: Please note there are currently NO age restrictions placed on any of the properties.
City Covenants & Laws: Any and all current City of Lawrenceville covenants, rules or laws are applied and will be strictly enforced to ensure the safety of the tenants, surrounding neighbors, public city park and Unit 20 schools to provide an enjoyable and long lasting experience for everyone.