2612 State St, Granite City, IL

Multi-family for Sale - $500,000 - 0.43 acres

Coldwell Banker Brown Realtors

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Agent Info

NameAdam Hornberger
CompanyColdwell Banker Brown Realtors

Property Info

CIMLS #1025533
Location2612 State St
Granite City IL 62040
Last UpdatedDecember 10th, 2018
TypeMulti-family
Price$500,000
Land0.43 acres
DemographicsView data

Contact


Property Description

This fully rented 20 Apartment complex is one block from Wilson Park. The 3 wings include 4 2 BR apt ($565-$575) 8 1 BR apt ($410-$450) 8 studio apt ($365-$375) each apartment has 100 amp service. The building upgrades include new rubber roofs on two of the three buildings, a newer roof on the third, new replacement windows in nine of the apartments, a new $7000 water heater, new flooring in many apartments and hardwood floors under carpet in many. The firewalls have been tuckpointed and sealed and a new backflow valve installed into the building from the sewer. The 2 BR apartments include 1 window AC unit. Each apt has a storage area in the basement. Washer and dryers in the basement provide income to the owner. Parking spots are provided behind the building. .