Home / West Frankfort / Investment Property! - $390 Month / $800 Down
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Updated 1 hour ago

Investment Property! - $390 Month / $800 Down


601 N Madison St West Frankfort, IL

3 Bed
1 Bath

900 Sq. Ft.

Available Now
3 Beds • 1 Bath
$390
900 ft2
1 Available
Managed By: Clayton Cox DBA Property Home Management LLC
-
$390
Available Now
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View Rented Units
Where you'll live
Street View
Map View
Satellite View
Location ratings
Walk Score®
25
Car-Dependent
Bike Score®
36
Somewhat Bikeable
Amenities
On-site Laundry
Storage
Disability Access
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Garage - Attached
Property details
Description

This 3-bedroom, 1-bathroom home is located on the outskirts of town with friendly neighbors! It will make a great starter home for someone who knows how to do the work. It has a closed in front porch, a carport and a back deck!
Any/All repairs or work needed must be done before you can get an inspection to move in.
Located in Franklin County.
Parcel No.:Property Owner Financed/Sold in AS IS condition only. Buyers are required to do their OWN Due Diligence/Inspection on all properties.
*** Note: Photos may be dated and may not represent current aesthetics. Please go look at this property in person, then contact us if interested. ***
Go Check This Property Out, Then Apply when ready to purchase!
Down Payment: $800.00
Total Monthly Payment Due each Month $390.00
Monthly Payment Breakdown:
**Monthly Financed Payment: $185.00
**Monthly Estimated Taxes: $130.00
**Monthly No-Insurance Fee: $75.00
The Total Amount Required To Enter Into An Agreement: $1,190.00 includes all of the above.
Purchase Price: $21,881.00
There is a monthly $75.00 “NO Insurance Fee” that is applied until you provide your own Insurance Policy as discussed in your Lease. This fee will be taken off the monthly payment once you have your own policy.
Checklist Before Applying:
1) Have you viewed the property of interest in person and inspected it inside and out? *You are viewing at your own risk during daylight hours. Not all properties are safe.
2) Are you completely satisfied with the property of interest and ready to sign a Lease Option/Purchase Contract?
Most properties are in need of extensive work. FINANCED/SOLD AS IS, which is reflective of the price. Owner(s) do not make ANY warranty of the condition of any property and will not make any repairs needed.
3) Do you have the REQUIRED amount to begin your purchasing process?
If you have NOT completed the above tasks, then DO NOT fill out the application. The application is for when you are ready to purchase ONLY.
PLEASE TAKE THE TIME TO READ OUR TERMS AND CONDITIONS. THOROUGHLY INSPECT THE PROPERTY IN PERSON & DO ALL YOUR DUE DILIGENCE PRIOR TO ENTERING INTO AN AGREEMENT WITH OUR COMPANY. ALL OUR PROPERTIES ARE CONSIDERED FIXER-UPPERS & WE DO NOT OFFER REFUNDS.

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (573) 330-1875
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Mediacom Communications Corp. 1000.0 50.0
ViaSat, Inc. 35.0 3.0
Wisper ISP Inc. 25.0 4.0
Hughes Network Systems, LLC 25.0 3.0
Frontier Communications Corporation 25.0 2.0
Data from June 2020 provided by the FCC
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Photos Floor Plans Amenities
Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Investment Property! - $390 Month / $800 Down by bedroom type below.
3 Bedroom
Suggested income:
$14,000
per year
Rent report

Investment Property! - $390 Month / $800 Down Rent vs. West Frankfort Average

 Investment Property! - $390 Month / $800 Down      West Frankfort Average
Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Investment Property! - $390 Month / $800 Down
3BR $390 $0.40 $1,170
West Frankfort Average
2BR $776 $0.70 $2,328

Availability in West Frankfort

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 2 2BR units on the market in West Frankfort. If you're looking to negotiate, this may be your best option.

2BR
100%
Available Units in West Frankfort
2BR 2
Location
Nearby Hospitals
Name Distance
Franklin Hospital 7.38 mi.
Herrin Hospital 9.24 mi.
Marion Hospital Corporation Heartland Regional Medical Center 11.81 mi.
Nearby Fire Stations
Name Distance
West Frankfort Fire Department 0.53 mi.
West Frankfort Fire Department 1.66 mi.
Johnston City Fire Department 6.05 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in now.
What's the square footage of the available units?
It's 900 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 1 bathroom units available.
What's the monthly rent at this property?
Investment Property! - $390 Month / $800 Down has a 3 bedroom unit starting at $390.
Where is this property located?
This property is at 601 N Madison St in West Frankfort, IL. It's 0.5 miles northeast from the center of West Frankfort.
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