Skip To Content

    3734 S State Route 157

    Glen Carbon, IL 62034
    • $154,900
    • STATUS: Active
    • ON SITE: 40 days
    • ID#: 21013546
    $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 2021-04-14T23:48:53.873.

    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
    • 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

    Building Desc Apt/InteriorentranceDuplex2 Sty Townhouse Construction Frame Lot Dimensions 200 X 200 Parking Description Additional ParkingOff StreetOther

    Interior Features

    Appliances Some Some Refrigerator(S)Some Range Oven(S) Cooling Central-Electric Heat Source Gas Heating Forced Air Miscellaneous BasementLaundry Facl-Commty Water Heater Gas

    Property Features

    Association Greater Gateway Association Of Realtors Cable Available Yes Conditions Unknown Cross Street Address State Rt 162 Disclosures Sellers Discl. Avail Fixed Expenses InsuranceTaxes Gross Operating Income 15360.00 Lot Size Source Other Net Income 10420.00 Operating Expenses Fixed ExpensesLawn Care Ownership Private Possession Tenants Rights Possible Buyer Fees YN No Property Type Multi-Family 2-4 Selling Terms CashConventional Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 1663 Tenancy Type Month To Month Tenant Pays ElectricGas Total Expenses 4940.00 Transaction Type Sale Type Of Units 2-Family Water 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 2021-04-14T23:48:53.873.

    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