2447 E 24th Street , Granite City, IL 62040
Granite City, IL 62040
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.
Details
| Mls | 24073670 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 12 |
| Listing Provided By | Keller Williams Marquee | Julie Jones-Kloeckner |
Features
| Sq Feet | 5,712 |
|---|---|
| Units | 6 |
| Acreage | 0.14 |
Market Activity 62040
Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of December 9, 2024 at 2:02:04 PM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Learn More About This Property
| State | IL |
|---|---|
| County | Madison IL |
| City | Granite City |
| Zip Code | 62040 |
| Area | Madison IL |
| Community Name | East Granite |
| School District | Granite City |
| Elementary School | GRANITE CITY DIST 9 |
| Middle School | GRANITE CITY DIST 9 |
| High School | Granite City |
| Listing VS Median (in East Granite) | |
Price: $150,000 low | high Med: $150,000 SqFt: 5,712 low | high Med: 5,712 $ / SqFt: $26 low | high Med: $26 On Site: 12 low | high Med: 12.000000 | |