414-416 Cadillac Drive

About this home

Desirable investment opportunity in St. Charles! This fully occupied duplex features two 2-bedroom, 1-bath units, both currently rented and producing income. With tenants already in place, an investor can step into an established rental property without the immediate expense and downtime of locating new tenants. Each unit offers a practical 2-bedroom practical floor plan, providing a desirable setup for long-term rental use. These units have partially finished basements for added living space. Tenants are responsible for all utilities as well as lawn care, helping keep owner-paid operating expenses and property maintenance responsibilities to a minimum. Conveniently located in an established St. Charles neighborhood with easy access to shopping, dining, employment centers, McNair Park, and major roadways. This is an excellent opportunity to expand an existing rental portfolio or get started with a multifamily investment in St. Charles. Both sides were painted within the past year. 414 side had kitchen cabinets refaced this year.

Property details

County

St. Charles

Subdivision

Pasedena Gardens #3

Lot size

0.3297 acres

Days on market

5

Annual taxes

$1,902

Heating

Natural Gas

Cooling

Central Air

Basement

8 ft + Pour, Unfinished

Appliances

Gas Range, Free-Standing Refrigerator

Flooring

Hardwood

Style

Apartment Style, Contemporary

Schools

School district

St. Charles R-VI

Elementary

Blackhurst Elementary

Middle

Jefferson / Hardin

High

St. Charles High

Location