2447 24th Granite City IL 62040

$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

Property Map

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