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Granite City, IL, 62040 • 62040 • Madison County
0.14 acLot
Other Style
Other architecture
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499 days on market
Established listing
Multi Family
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!
Based on current rates
Est. 6.88% rate · 30yr fixed · $119,600 loan
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4 categories of property features
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3 schools rated nearby
Granite City, IL, 62040
13 events
23 years of records
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Granite City, IL • Madison County
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