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$450,000
Est. payment /mo
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivison
MLS Listing ID 25059697
Year Built 1900
Annual Tax Amount $8,069
Lot Size 2,613 Sqft
Acres 0.06
Property Description
108-110 E Main St - a unique investment opportunity in the heart of downtown Mascoutah! This mixed-use 4-plex offers multiple income streams with plenty of upside potential. Two of the four units are currently occupied, with a long-term commercial tenant paying $950 per month and a one-bedroom residential tenant paying $750 per month. The main-level commercial spacecurrently rented for $1,300 per month (3-year lease starting Oct-1,2025), and upstairs you'll find a spacious two-bedroom apartment ready for remodel - the perfect chance to add value and increase income ($1000+). With its prime location, strong rental history, and room for improvement, this property is an ideal fit for investors or an owner-occupant looking to build multiple streams of income. Potential for owner occupied!
Location
State IL
County St. Clair
Interior
Heating Forced Air, Natural Gas, Radiant
Cooling Central Air, Wall/Window Unit(s)
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
View Y/N No
Building
Water Public
Structure Type Brick,Plaster
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Listing As Is, Standard
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Listed by Michaela Patterson • Strano & Associates
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