Granite City, IL 62040,2201 Grand AVE
Granite City, IL 62040,2201 Grand AVE
Granite City, IL 62040,2201 Grand AVE
$130,000
Est. payment /mo
$127,000
2.4%
Est.Price: ?

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6,251 Sqft Lot
SOLD DATE : 02/05/2024

Key Details

Sold Price $130,000

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Sold

Purchase Type For Sale

Subdivision Granite City

MLS Listing ID 23073095

Sold Date 02/05/24

Construction Status 124

Year Built 1900

Building Age 124

Lot Size 6,251 Sqft

Acres 0.1435

Lot Dimensions 50X125

Property Description

Great 4 Unit Investment Opportunity in the Heart of Granite City! This full brick building has a newer roof and rear wood deck, stairs, and one unit with a ramp. 2 new furnaces, new appliances, windows and some flooring in 1 unit. Rents are currently low for the market at $525/month. 2 units are currently rented with 2 units vacant. Vacant units need minor work to be rent ready and one has recently passed city occupancy. There is a large basement that can be utilized for storage. Each unit has laundry hook up or shared laundry is currently available in the basement. The vacant unit on the lower left has direct access to the basement. Building to be sold "as is" seller to make no repairs and will not be responsible for any city required repairs. Any inspections will be for buyer's information only. Operating Income and Expenses based on 0 vacancy at current rents and estimated expenses.

Location

State IL

County Madison-il

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Appliance Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Some Smoke Alarm(s), Some Storm Door(s)

Exterior

Parking Type On Street

Building

Sewer Public Sewer

Water Public

Construction Status 124

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 Only, Conventional, FHA, VA, Other

Listing Terms Cash Only, Conventional, FHA, VA, Other

Special Listing Condition No Exemptions, None

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Listed by Alex Harding • Keller Williams Marquee
Bought with Keonja Holmon

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Sandy Seaton

VP of Real Estate Operations | License ID: 2021043213

+1(636) 532-8580

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