2447 E 24th ST new Save Request In-Person Tour Request Virtual Tour
Granite City,IL 62040
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,712 sqft
Price per Sqft $26
Subdivision East Granite
MLS Listing ID 24073670
Year Built 1930
Building Age 94
Lot Size 6,098 Sqft
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.
Location
State IL
County Madison-il
Interior
Heating None
Cooling Other
Laundry Coin Operated
Building
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District Granite City Dist 9
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition No Exemptions,None