Classifieds
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal



Real Estate Classifieds
Reviews & Feedback
Updated 2 days ago on .

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