Turnkey cash-flow opportunity with immediate income in place! This professionally managed 3-bedroom, 1-bath ranch has just been leased at $850/month with a tenant scheduled to move in on 6/22, making this an ideal low-hassle addition to any investment portfolio. Major capital improvements have already been completed, including a brand-new furnace, new A/C unit, and a new water heater being installed this week. The roof is only two years old, significantly reducing near-term maintenance concerns and helping protect long-term returns. The City of Cahokia has already granted the occupancy certificate, offering additional peace of mind for the next owner.The home features a functional layout with a spacious living area, eat-in kitchen, and a large detached garage that adds strong tenant appeal through additional storage, workshop potential, or secure parking. Situated on a generous lot, the property offers the kind of practical features renters consistently seek, supporting long-term occupancy and stable performance.Investors will appreciate the combination of immediate cash flow, professional management already in place through Christone Property Management, and recent mechanical updates that help minimize deferred maintenance expenses. Properties in this price range continue to see strong rental demand, making this an attractive option for both seasoned investors and those looking to enter the rental market with a stabilized asset. Conveniently located near major roadways, shopping, and everyday amenities, this property checks the boxes for affordability, functionality, and dependable income potential.
Listed By
Agency Name: Real Broker LLC
Shown By
Agency Title: Strano & Associates
Agency Phone: 618-277-7653
Estimated Payment
$ 371.62 per month $155.57 Principal & Interest $195.67 Property Tax $20.39 Homeowner's Insurance
1227 Williams Street | MLS# 26016988
This single family home located at 1227 Williams Street, Cahokia, IL 62206 is currently listed for sale with an asking price of $69,900. This property was built in 1953 and has 3 bedrooms and 1 full baths with 960 sq. ft. Williams Street is located in the NEW HARVEST ACRES subdivision within the Cahokia DIST 187 school district. Search NEW HARVEST ACRES real estate on www.strano.com today.