2222 ALEXANDER Granite City IL 62040

$180,000.00 Granite City, IL 62040
  • Madison County

Description

MUST CHECK THIS OUT!! 2222-32 ALEXANDER FEATURES 6 ONE BEDROOM UNITS IN GREAT CONDITION. 100% RENTED. RENTS VARY FROM $500 TO $650, WITH OLDER TENANTS PAYING LOWER AMOUNTS. TOTAL RENTS ARE $3425 MONTHLY. TAXES $3757 YEARLY. INSURANCE $3950 PLUS $750 FOR FLOOD INSURANCE YEARLY. WATER/SEWER $375 MONTHLY. TRASH $135 QUARTERLY. WELL-MAINTAINED. NEWER THERMAL WINDOWS IN BACK. STORM DOORS. NEWER FRONT PORCHES. UPDATED ELECTRIC. AGE OF FLAT ROOF IS UNKNOWN. FULL BASEMENT. TENANTS HAVE ACCESS TO BASEMENT FOR THEIR ELECTRICAL BOXES, BUT NOT FOR STORAGE. ALSO THERE ARE 3 WATERS HEATERS, WITH 2 UNITS SHARING ONE HWH. SPACIOUS BACK YARD. ONE UNIT CAN BE VIEWED FOR NOW. **MUST HAVE PROOF OF FUNDS BEFORE MAKING APPOINTMENT.** NEED 24 TO 48 HOUR NOTICE. DO NOT DISTURB TENANTS!! EXCELLENT INVESTMENT OPPORTUNITY!! PRICED BELOW MARKET VALUE. CAN VIEW 1 UNIT. CONTRACT WILL HAVE TO BE SIGHT UNSEEN FOR OTHER UNITS. THEY ARE ALL THE SAME.

Key Features

  • Property Type Multi-Family, Residential Income
  • Acres Acres
  • Minerals Call for more info
  • MLS # 25007499

Property Map

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