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Collinsville,IL 62234
Key Details
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 6,620 sqft
Price per Sqft $86
MLS Listing ID 25020580
Year Built 1950
Building Age 75
Lot Size 1.350 Acres
Property Sub-Type Multi-Family 5+
Property Description
Great opportunity on a unique 5-unit multi-family investment property. 3 buildings located on nearly 1.5 acres. The middle building consists of two 2 bedroom townhomes and one 3 bedroom townhome. The front building is a 2 bedroom detached home. The rear building is a 3 bedroom detached home with a walkout basement. Entire interiors and exteriors of all 3 buildings underwent extensive remodeling in 2020. New mechanicals (HVAC, water heaters, electrical, and gas lines) and quality finishes in all units. This property has several long-term tenants and generates great revenue with the luxury of having all the heavy lifting maintenance items taken care of. A landlords dream!
Location
State IL
County Madison-il
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Collinsville Dist 10
Middle Schools Collinsville Dist 10
High Schools Collinsville
School District Collinsville Dist 10
Others
Acceptable Financing Cash Only,Conventional,FHA,VA,Other
Listing Terms Cash Only,Conventional,FHA,VA,Other
Special Listing Condition Renovated,None