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3734 S State Route 157

Glen Carbon, IL 62034
  • $154,900
  • STATUS: Active
  • ON SITE: 487 Days
  • ID#: 21013546
UPDATED: 65 min ago
$154,900
  • 0
    BEDS
  • 1.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,408
    SQFT
  • $110
    $/SQFT
Type:
Multi-Family
Built:
1967
County:

School Information

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

Description

GUARANTEED INVESTOR INCOME!! Duplex with two townhouse style 2-bedroom units with separate garage currently all rented at below market rents w/long term month-to-month tenants. Each unit is currently rented for $590/month and the garage is rented for $100/month. The detached garage is an outbuilding/garage that will accommodate a semi truck: measures 23.5' wide x 50' long with a 12' wide x 11' tall overhead garage door facing front of road. Perfect for a semi truck driver that needs storage or parking between trips. Large gravel area provides lots of off-street parking on this 1-acre lot. This is a property with 200' of frontage right on State Rt 157 next to the popular bar The Cabin with good traffic count for future commercial potential. Seller has completed updates: public sewer 11/2017, rebuilt chimney, basement steps, updated back porch, new furnaces 2020, new exterior basement entrance 2020. Call listing agent for showings. Please do not disturb tenants.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-07-06T17:40:25.173.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/114819398
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3734 S State Route 157 Glen Carbon, IL 62034

  • Price: $154,900
  • Status: Active
  • On Site: 487 Days
  • Updated: 65 min ago
  • ID#: 21013546
0
Beds
0
Baths
0
½ Baths
1.08
Acres
1,408
SQFT
$110
$/SQFT
1967
Built
County:
Madison
Elementary School:
Edwardsville Dist 7
Middle School:
Edwardsville Dist 7
High School:
Edwardsville
School District:
Edwardsville Dist 7
Property Description
GUARANTEED INVESTOR INCOME!! Duplex with two townhouse style 2-bedroom units with separate garage currently all rented at below market rents w/long term month-to-month tenants. Each unit is currently rented for $590/month and the garage is rented for $100/month. The detached garage is an outbuilding/garage that will accommodate a semi truck: measures 23.5' wide x 50' long with a 12' wide x 11' tall overhead garage door facing front of road. Perfect for a semi truck driver that needs storage or parking between trips. Large gravel area provides lots of off-street parking on this 1-acre lot. This is a property with 200' of frontage right on State Rt 157 next to the popular bar The Cabin with good traffic count for future commercial potential. Seller has completed updates: public sewer 11/2017, rebuilt chimney, basement steps, updated back porch, new furnaces 2020, new exterior basement entrance 2020. Call listing agent for showings. Please do not disturb tenants.
Exterior Features

Attached Garage YN No Construction Materials Frame Driveway Gravel Lot Size Dimensions 200 X 200 Lot Size Source Other Parking Features Additional ParkingOff StreetOther

Interior Features

Above Grade Finished Area Source Public Records Appliances Some Refrigerator(S)Some Range Oven(S) Cooling Electric Heat Source Gas Heating Forced Air Heating YN Yes

Property Features

Association Greater Gateway Association Of Realtors Building Description Apt/InteriorentranceDuplex2 Sty Townhouse Cable Available Yes Cross Street State Rt 162 Disclosures UnknownSellers Discl. Avail Lease Term Month To Month Miscellaneous BasementLaundry Facl-Commty Net Operating Income 10420 Operating Expense Includes InsuranceTaxesFixed ExpensesMaintenance Gounds Ownership Private Possession Subject To Tenant Rights Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 1663 Tax Year 2019 Tenant Pays ElectricityGas Transaction Type Sale Type Of Units 2-Family Water Source Public

Listing provided courtesy of Coldwell Banker Brown Realtors. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-07-06T17:40:25.173.

Fusion Realty, LLC: 618.781.9170
 
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Fusion Realty, LLC
One 157 Center
Edwardsville IL, 62025