2447 E 24th Street

Granite City, IL 62040

About this property

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.

About this property

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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$150,000 Active
5,712 SQFT

Presented By Aaron Boone

Agent Image
Get in touch today! Phone: 1-573-687-4663
License #2023014103
Brokerage
Keller Williams Marquee
Listed By Julie Jones-Kloeckner
Brokerage: Keller Williams Marquee

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Aaron Boone

Real Estate Links Our Domains