Renee Estes, Realtor
Renee Estes-Leading Agent Multiple Offer sales/ listings
REALTOR®, Realtor/ Broker
BEDS1
BATHS1 full
SQUARE FEET600
MLS#26012198
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONEagle Ridge
SCHOOLO Fallon DIST 90
Property Description
Investor Opportunity! This well-maintained 1-bedroom, 1-bath condo in a desirable O'Fallon neighborhood offers the ideal combination of low-maintenance ownership and an established rental income stream. A full one-year lease is already in place with a tenant, providing an immediate investment opportunity without the hassle of finding a tenant. This main-floor end unit offers added privacy and features an inviting living area with a cozy fireplace, in-unit laundry, and a private patio. A dedicated, lockable exterior storage closet provides additional convenience and value for the tenant. Investors will appreciate the community amenities, including a pool and clubhouse, as well as the added peace of mind that comes with major exterior improvements already covered by the HOA. With no yard work or exterior maintenance to manage, this property offers a truly low-maintenance addition to an investment portfolio. The location is another major advantage, with easy access to Scott Air Force Base, shopping, restaurants, and everyday amenities, along with a convenient commute to St. Louis. Just mintues from O'fallon Family Park. Please note: This property is being offered to investors only due to the existing one-year lease. The current tenant will remain in place through the end of the lease term. A great opportunity to add a tenant occupied, low-maintenance property in a desirable location to your portfolio!
Property Features
Property Type: Residential - Condominium
Basement: None
Cooling: Wall Unit(s)
Heating: Other
Taxes: $1,435
Year Built: 1980
Feature Descriptions
Association Amenities: Pool
Days on Site: 166
Exterior: Unknown
Fireplace: Family Room
HOA Fee: $457/ Monthly
Lot: Other
Parcel#: 04-30.0-309-004
Sewer: Public Sewer
SQFT. Above Grade: 600
Utilities: Electricity Connected
Water: Public
Local Schools
High School: OFallon
Middle School: OFALLON DIST 90
Elementary School: OFALLON DIST 90
School District: O Fallon DIST 90
Listed By / Shown By
Listed By
Agency Name: RE/MAX Alliance
Shown By
Agent Name: Renee Estes, Realtor
Agent Phone: (618) 791-1543
Agency Title: Strano & Associates
Estimate Your Payment
Estimated Payment
$ 320.96 per month $178.05 Principal & Interest $119.58 Property Tax $23.33 Homeowner's InsuranceChange Payment Information
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164 Eagle Ridge | MLS# 26012198
This condo located at 164 Eagle Ridge, O Fallon, IL 62269 is currently listed for sale with an asking price of $80,000. This property was built in 1980 and has 1 bedrooms and 1 full baths with 600 sq. ft. Eagle Ridge is located in the Eagle Ridge subdivision within the O Fallon DIST 90 school district. Search Eagle Ridge real estate on www.shophouseswithrenee.com today.