$285,000.00
Granite City, IL 62040
- 0.23 Acres
- Madison County
Description
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.
Key Features
- Property Type Multi-Family, Residential Income
- Acres 0.23 Acres
- Minerals Call for more info
- MLS # 25013569
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Listing #25013569 Courtesy of Worth Clark Realty. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
