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2447 E 24th Street

Granite City, IL 62040
  • $150,000
  • STATUS: Active
  • ON SITE: 4 Days
  • ID#: 24073670
New On Site 4 Days Ago
UPDATED: 82 min ago
$150,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,712
    SQFT
  • $26
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Information

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

Description

Is it time to start your investment portfolio? Have some 1031X funds you need to identify? Ready to add 6 more doors? Here's an OPPORTUITY to INCREASE monthly CASH FLOW. Building consists of both ground & upper units. All-1bd/1ba. Some have bonus areas. 4 units are currently occupied. Rents total $2325/mo. Renovations for the 5th/6th unit needed for tenant placement. 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 have been updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines have been updated. Coin operated laundry on site. Occupied units require notice and can be viewed after an accepted offer is in place. May need commercial financing.

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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 2024-12-02T17:39:38.237.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/158343925
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2447 E 24th Street Granite City, IL 62040

  • Price: $150,000
  • Status: Active
  • On Site: 4 Days
  • Updated: 82 min ago
  • ID#: 24073670
0
Beds
0
Baths
0
½ Baths
0.14
Acres
5,712
SQFT
$26
$/SQFT
1930
Built
Neighborhood:
East Granite
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
Is it time to start your investment portfolio? Have some 1031X funds you need to identify? Ready to add 6 more doors? Here's an OPPORTUITY to INCREASE monthly CASH FLOW. Building consists of both ground & upper units. All-1bd/1ba. Some have bonus areas. 4 units are currently occupied. Rents total $2325/mo. Renovations for the 5th/6th unit needed for tenant placement. 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 have been updated. Both sets of stairs to basement; upper landing & handrails have been rebuilt. Water heaters/supply lines have been updated. Coin operated laundry on site. Occupied units require notice and can be viewed after an accepted offer is in place. May need commercial financing.
Exterior Features

Attached Garage YN No Construction Materials Other Lot Size Dimensions 50 x 125 Lot Size Source County Records Parking Features On StreetOtherUnassigned

Interior Features

Above Grade Finished Area Source Public Records Cooling Other Heat Source Electric Heating None Heating YN Yes Laundry Features Coin Operated

Property Features

Association Southwestern Illinois Board of REALTORS Association Fee 0 Association Fee Frequency None Builder Model Low/1-2 Cable Available Yes Cross Street Kate Street Current Financing Cash OnlyConventional Disclosures UnknownCode Compliance ReqdOccupancy Perm Req Inclusions Building & Land Lease Term LeasesMonth To Month Location Corner Location Net Operating Income 0 Ownership Private Possession Close Of Escrow Property Sub Type Multi-Family 5+ Property Sub Type Additional Apt Bldg/Interior En Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 3198 Tax Year 2023 Tenant Pays Electricity Three Bed Units 0 Transaction Type Sale Two Bed Units 0 Water Source Public

Listing provided courtesy of Keller Williams Marquee: 6910547. 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 2024-12-02T17:39:38.237.

Fusion Realty, LLC: 618.781.9170
 
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