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2416 Madison Avenue Granite City, IL 62040
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Key Details
Sold Price $90,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $18
Subdivision Inglesyde Add
MLS Listing ID 11406459
Sold Date 07/08/22
Year Built 1920
Annual Tax Amount $1,949
Tax Year 2019
Lot Size 4,791 Sqft
Lot Dimensions 39X120
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
Cooling Electric
Fireplace N
Exterior
Exterior Feature Deck
View Y/N true
Parking Type Off Street, Additional Parking
Building
Water Public
New Construction false
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District 9, 9, 9
Others
Special Listing Condition None
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with BRIAN STANLEY • eXp Realty, LLC
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