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816 W Clay

Collinsville, IL 62234
  • $150,000
  • STATUS: Pending
  • ON SITE: 24 Days
  • ID#: 22028200
Pending
$150,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,170
    SQFT
  • $69
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1902
County:

School Information

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

Description

Great Investment property. Move in ready. HUGE rooms. Very spacious units with big closets as well. Client is retiring. Downstairs tenant has 6 months left on lease at $600 a month. This tenant has been there 4 years and takes great care of his unit. This rent should be north of $800 a month. Upstairs unit is vacant and its rent should be north of $700. Separate gas and electric for each unit go in tenant's name. One sewer and water bill that owner currently pays but could be split between tenants. Separate furnace, AC, and water heater for each unit. Washer and dryer hook up in basement currently only for 1st floor unit, but a second hook up is already plumbed. Just need to add a wall and doors to separate the basement access to each tenant. Cash flows like crazy. Tons of parking, you will never have a dispute with your tenants over parking.

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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 2022-05-28T23:39:30.083.

Fusion Realty, LLC: 618.781.9170
www.fusionrealtyhomes.com/homes/128362627
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816 W Clay Collinsville, IL 62234

  • Price: $150,000
  • Status: Pending
  • On Site: 24 Days
  • ID#: 22028200
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,170
SQFT
$69
$/SQFT
1902
Built
Neighborhood:
Montvue Second Sub
County:
Madison
Elementary School:
Collinsville Dist 10
Middle School:
Collinsville Dist 10
High School:
Collinsville
School District:
Collinsville Dist 10
Property Description
Great Investment property. Move in ready. HUGE rooms. Very spacious units with big closets as well. Client is retiring. Downstairs tenant has 6 months left on lease at $600 a month. This tenant has been there 4 years and takes great care of his unit. This rent should be north of $800 a month. Upstairs unit is vacant and its rent should be north of $700. Separate gas and electric for each unit go in tenant's name. One sewer and water bill that owner currently pays but could be split between tenants. Separate furnace, AC, and water heater for each unit. Washer and dryer hook up in basement currently only for 1st floor unit, but a second hook up is already plumbed. Just need to add a wall and doors to separate the basement access to each tenant. Cash flows like crazy. Tons of parking, you will never have a dispute with your tenants over parking.
Exterior Features

Attached Garage YN No Construction Materials Vinyl Siding Lot Size Dimensions 77X172 Parking Features Additional ParkingMore Than 1 Spc/UnitOff Street

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heat Source Gas Heating Forced Air Heating YN Yes

Property Features

Association Realtor Association Of Southwestern Illinois Building Description Duplex Cable Available Yes Disclosures Seller DisclosureOccupancy Perm ReqSellers Discl. Avail Net Operating Income 1092 Operating Expense Includes InsuranceWater/SewerTaxesFixed ExpensesMaintenance Possession Close Of Escrow Property Condition None Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions RehabbedRenovatedNone Tax Annual Amount 2803 Tax Year 2019 Tenant Pays Cable TvElectricityGas Transaction Type Sale Type Of Units 2-Family Water Source Public

Listing provided courtesy of Real Broker Llc. 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 2022-05-28T23:39:30.083.

Fusion Realty, LLC: 618.781.9170
 
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