Damon Heim
This listing was posted on RealtyWW.
$725,000
Home For Sale In Galena, Illinois
Price:
$725,000
BR/BA:
2 BR, 2 BA
Location:
609 S Prospect St, Galena, IL
Description:
The best of both worlds combining income possibilities from long term and short-term rental! Stately brick apartment building housing 5 total 1 bed, 1 bath units that exudes historic charm and incredible curb appeal sited just minutes from vibrant Main Street, Galena and packaged with an absolutely charming 2 bed, 2 bath detached Coach House with coveted short term rental license. Originally a grand Galena single family residence many of the units have a touch of yesteryear that varies and includes period wood flooring, arched accents, detailed period woodwork, and gorgeous decorative fireplace surrounds (fireplaces are inoperable). Washer and dryer in each unit for total convenience, and Window A/C. Make your way to the Coach House to find a fully renovated brick cottage-style home mixing modern finishes and historic beauty plus multi-level addition that offers open kitchen and living room, second floor bedroom suite with nicely appointed private bath, laundry room, secondary living room with access to elevated patio, and third level with additional suite and gorgeous private bath. Coach House is approximately 1280 square feet, has gas forced air furnace and central A/C, and concrete drive with ample guest parking (6-person total occupancy). No off-street parking for apartment building but driveway with parking for short term rental Coach House. Utility info and maintenance expenses approximate and for 2022 year. Coach House gross rental for 2022 was over $38, 000 and is professionally managed. Some expense exists if purchaser continues with current program. Total square footage noted does not include the 1280 square feet of Coach House. Please note that units in the apartment building cannot be rented on a short term/nightly basis. Only the Coach House portion carries licensing for short term rental.For more details: https://realtyww.info/homes_galena-d547820/for-sale_i71223129
Property Type:
Single-Family Houses
Sq feet:
1,280 sq. ft.
Amenities:
AC, Fireplace, Parking, Patio/Deck, Washer Dryer, Wood Floors
Posted:
April 29 on RealtyWW
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More About this Listing: Home For Sale In Galena, Illinois
Home For Sale In Galena, Illinois is a Two Bedroom Two Bath Single-Family Homes for Sale at 609 S Prospect St in Galena IL. Find other listings like Home For Sale In Galena, Illinois and listings near 609 S Prospect St by searching Oodle Classifieds for Two Bedroom Two Bath Single-Family Homes for Sale in Galena IL.
Home For Sale In Galena, Illinois is a Two Bedroom Two Bath Single-Family Homes for Sale at 609 S Prospect St in Galena IL. Find other listings like Home For Sale In Galena, Illinois and listings near 609 S Prospect St by searching Oodle Classifieds for Two Bedroom Two Bath Single-Family Homes for Sale in Galena IL.