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609 S PROSPECT ST GALENA, IL 61036
- Single Family Home / Resale (MLS)
Property Details for 609 S PROSPECT ST, GALENA, IL 61036
Features
- Price/sqft: $321
- Lot Size: 13068 sq. ft.
- Heating: Hot Water,Steam
Facts
- Property ID: 877886383
- MLS Number: 202401902
- Parcel Number: 22-100-674-00
- Property Type: Single Family Home
- County: JO DAVIESS
- Legal Description: ORIGINAL LOTS BLOCK 11 LOT 19 & 50' X 50' LOT 21
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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. **
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Property Brokerage:
Coldwell Banker Network Realty
401 S MAIN ST.
GALENA
IL
61036
Copyright © 2024 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.