$90,000
$89,900
0.1%For more information regarding the value of a property, please contact us for a free consultation.
2416 Madison AVE Granite City, IL 62040
4,800 SqFt
Key Details
Sold Price $90,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $18
Subdivision Inglesyde Add
MLS Listing ID 22031268
Sold Date 07/08/22
Year Built 1920
Annual Tax Amount $1,949
Lot Size 4,792 Sqft
Acres 0.11
Lot Dimensions 39x120
Property Sub-Type 2-4 Units
Property Description
Great income opportunity. Appraised at 110k . Unit A 2 bedroom 1 bath Section 8 $750 per month. Unit B 2 bedroom 1 bath $650 per month. Unit C. Rear unit 2 bedroom 1 bath is currently vacant but will rent for $750. Seller is selling to move forward with different investments. This property has an annual gross income potential of $25,800. Main house has full unfinished basement that could be finished into 4th unit. Some repairs have been made but could still use a some tlc. Being sold as is seller to make no repairs or provide for any inspections. Buyer may have any inspection they choose for their own information.
Location
State IL
County Madison
Interior
Heating Natural Gas, Forced Air
Cooling Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Exterior
Exterior Feature Balcony
Parking Features true
Amenities Available Storage
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Wood Siding,Cedar
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District Granite City Dist 9
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Bought with BrianStanley
