Remarks

Time to start your investment portfolio? Have some 1031X funds? Want to add 6 more doors? Here's an OPPORTUITY to INCREASE monthly CASH FLOW. Consists of both ground & upper units. All-1bd/1ba. Some have bonus areas. As of 1/1/25, 3 units are occupied. Rents total $1875/mo. 4th should be ready.(pending city approval) Renovations for the 5th/6th unit needed for tenant placement. Numbers are estimates/may vary based on multiple factors. Selling AS IS & NO REPAIRS WILL BE MADE. Buyer responsible for municipal inspections. Inspections required for placement of current tenants were completed. Tenants pay electric. Seller pays w/s/t & lawn. Occupied units have refrigerator, stove & wall unit for heat. Some fixtures have been updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines have been updated. Coin operated laundry on site. Occupied units require notice. Can be viewed after an accepted offer. May need commercial financing.

Details

MLS#: 24073670
Price: $150,000

Style: Multi-Family 5+
Sq Ft: 5712.0
Year Built: 1930

County: Madison-IL
Subdivision: East Granite
Lot Size: 50 x 125
Tax Fee: 3198

School Elementary: GRANITE CITY DIST 9
School Middle: GRANITE CITY DIST 9
School High: Granite City
School District: Granite City DIST 9