$149,500
$154,900
3.5%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/25/2024
Key Details
Sold Price $149,500
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 24040822
Sold Date 11/25/24
Lot Dimensions 50x125
Property Sub-Type Multi-Family 2-4
Property Description
Agent Interest - Great investment opportunity! This is a 4 unit apartment building, with two, 2 bedroom 1 bath units upstairs and 2, 1 bedroom 1 bath units downstairs. 1 unit currently vacant but ready for move in. There are 2 long term tenant's which have resided in the building multiple years, as well as a tenant who is under a 1 year lease at present. Rents when 4th unit is rented will be 2,550 per month, with 3 great tenants, two long term who pay each month. Owner pays trash and sewer which comes up to $110.00 combined per month, as well as 15 dollar basement electric bill per month. Property has had new electrical, some newer plumbing, and some HVAC updates. Window units for a/c as well as forced heat throughout units. Great property which stays rented with room to increase rents. Property is a cash cow!
Location
State IL
County Madison-il
Interior
Heating Forced Air
Cooling None
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District Granite City Dist 9
Others
Ownership Private
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
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Bought with Caroline Maready
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "