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1915 Benton Street

Granite City, IL 62040
  • $154,900
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 24040822
UPDATED: 163 min ago
$154,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
N/A
Type:
Multi-Family
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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!

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-07-22T23:39:37.62.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/152400096
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1915 Benton Street Granite City, IL 62040

  • Price: $154,900
  • Status: Active
  • On Site: 14 Days
  • Updated: 163 min ago
  • ID#: 24040822
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
N/A
County:
Madison
Elementary School:
Granite City Dist 9
Middle School:
Granite City Dist 9
High School:
Granite City
School District:
Granite City Dist 9
Property Description
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!
Exterior Features

Attached Garage YN No Construction Materials Vinyl Siding Driveway Shared Lot Size Dimensions 50x125 Parking Features Off Street

Interior Features

Cooling None Heat Source Gas Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Association Fee 0 Association Fee Frequency None Building Description Other Current Financing Cash OnlyConventional Development Status Unknown Disclosures UnknownLeases Avaliable Lease Term Leases Net Operating Income 2500 Operating Expense Includes TrashOther Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 1696 Tax Year 2023 Tenant Pays Cable TVElectricityGasWater Transaction Type Sale Type Of Units 4-Family Water Source Public

Listing provided courtesy of Coldwell Banker Brown Realtors: 2357992. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-07-22T23:39:37.62.

Fusion Realty, LLC: 618.781.9170
 
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