2807 Otten Rd, Millstadt, IL 62260

$405,000
3
BD
2
BA
1,560
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$405,000
Status
ACTIVE
Days on Market
41
Price Change
▼ $20,000 1785454648
MLS#
26037338
Subtype
Residential
Style
Other
Year Built
1996
Bedrooms
3
Bathrooms
2
Full Baths
2
Living Area
1,560
Subdivision
not in a subdivision
Neighborhood
not in a subdivision
MLS Area Major
Millstadt

Property Description

Fantastic opportunity to own acreage with income potential just approximately 25 minutes from downtown St. Louis, Missouri. In just a bit down the road you can catch views of the arch some days. This 15 +/- acre property offers a 1996 manufactured home with approximately 1,500 square feet, featuring 3 bedrooms and 2 bathrooms. Recent updates include a 5-year-old water heater and a 4-year-old HVAC system and solid surface countertops. The home does need some work and has been priced accordingly. Plus, next to the manufactured home is a a 40’ x 24’ pole barn. The land is set up well for horses or livestock, with fenced and cross-fenced pastures, a wooded creek line, plus constructed in 2023 two storage containers with trusses creating a great run-in shelter with hay storage. The property has surveillance cameras for the comfort of the owner. Currently, the home is rented for $1250, and the property has also been used for horse boarding, bringing in approximately $1,800 per month in income for horse boarding. The next owner could continue using it as an income-producing property or enjoy the home and land for their own personal use. Offers would be subject to county approval on the division of the land to 15 acres.

Additional Information

Taxes
$3,050
Property Description
Other
Heating
Forced Air
Air Conditioning
Central Air
Levels
One
Garage Spaces
2
School District
Millstadt DIST 160
Elementary School
MILLSTADT DIST 160
Middle School
MILLSTADT DIST 160
High School
Belleville High School-West

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Property Peddler, Inc 618-473-2500

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified