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Updated 2 days ago on .

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Jamie Canman
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Mascoutah 2-Unit | $2,800 Monthly | 7.4% Cap | Tenant Stability + Credit

Jamie Canman
Posted

Looking for a turnkey rental in a high-demand small-town market with strong cash flow and stable tenants? This fully rented 2-unit property in Mascoutah, IL delivers $2,800/month in gross rent with a 7.4% cap rate, plus a $5,000 credit toward a future roof replacement.

🔹 Property Highlights:
  • 2 Units | Fully Rented

  • $2,800 Gross Monthly Rent

  • 7.4% Cap Rate

  • $5,000 Roof Credit Offered at Closing

  • Long-Term Tenants in place – solid rental history

🏠 Unit Details:
  • Front Unit: Renovated cosmetically, HVAC and water heater are older but in good working condition and well maintained.

  • Rear Unit: Fully renovated in 2023 with new appliances, updated finishes, and a modern layout.

💡 Why This Property?
  • Turnkey and cash-flowing from Day 1

  • Desirable location in Mascoutah—minutes from Scott AFB and growing local job market

  • Great for a long-term buy-and-hold investor or house hacker

  • Potential for further value-add through system upgrades or rent increases over time

📩 Message me directly for financials, lease details, or to schedule a walkthrough.

Presented and Listed by Agent/Realtor Jamie Canman, Century 21 Advantage, 618-334-1876 or 618-281-7621.

Offering