Remarks

Exceptional income-producing 5-unit multi-family property, perfectly positioned for long-term growth and stability. This well-maintained property features four 1-bedroom, 1-bathroom units and one spacious 3-bedroom, 1-bathroom unit, providing a diverse rental mix! Current rental rates range from $700-$750 for the 1-bedroom units and $1,000 for the 3-bedroom unit, ensuring steady cash flow. Tenants enjoy designated parking and private storage, adding convenience and value. Recent upgrades include newer roofs and system updates completed in 2022, reducing maintenance costs and increasing efficiency.

Located near public transportation and local grocery stores, this property offers accessibility and high rental demand. With low-maintenance upkeep, this is an ideal turnkey investment for both seasoned and first-time investors.

Seize this rare opportunity to own a high-performing multi-family property in a sought-after rental location! Reach out today for more details.

Details

MLS#: 25013569
Price: $285,000

Style: Multi-Family 5+
Year Built: 1943

County: Madison-IL
Subdivision: Central Place Add
Lot Size: 0
Tax Fee: 2165

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