$150,000.00
Granite City, IL 62040
- 0.14 Acres
- Madison County
Description
Time to start your investment portfolio? Have some 1031X funds? Want to add 8 more doors? Here's an OPPORTUNITY to INCREASE monthly CASH FLOW. Listing consists of 1bd/1ba ground & upper units. Some w/ bonus areas. As of 3/15/25, 4 units are occupied. Renovations for the 5th/6th units needed. 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 updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines updated. Coin operated laundry on site. ** PORTFOLIO PURCHASE. Includes this property -6 doors, & 2 SF Homes - MLS# 25016468 & 25016461. ** Ask your agent for rents. Price reflects the home’s value w/in the package deal, will require commercial financing.
Key Features
- Property Type Multi-Family, Residential Income
- Acres 0.14 Acres
- Minerals Call for more info
- MLS # 24073670
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Listing #24073670 Courtesy of Keller Williams Marquee. 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.