Skip To Content

    3734 S State Route 157

    Glen Carbon, IL 62034
    • $154,900
    • STATUS: Active
    • ON SITE: 145 days
    • ID#: 21013546
    UPDATED: 21 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.

    Monthly Payment Calculator

    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-07-29T17:59:36.277.

    Fusion Realty, LLC: 618.781.9170
    www.fusionrealtyhomes.com/homes/114819398
    Print Image

    3734 S State Route 157 Glen Carbon, IL 62034

    • Price: $154,900
    • Status: Active
    • Updated: 21 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 1408 Appliances Some Refrigerator(S)Some Range Oven(S) Cooling Electric Heat Source Gas Heating Forced Air Heating YN Yes

    Property Features

    Assocation 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 © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-07-29T17:59:36.277.

    Fusion Realty, LLC: 618.781.9170
     
    https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_21013546-2.jpg https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_21013546-2.jpg https://bt-photos.global.ssl.fastly.net/midamerica/orig_boomver_1_21013546-2.jpg
    Logo
    Fusion Realty, LLC
    One 157 Center
    Edwardsville IL, 62025