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618-277-4400

24 Unit Apartment Building for Sale

$575,000

Listing Resources

Listing Description

Value Add Investment Opportunity – 24 Unit Apartment Building Available for Sale in Collinsville, IL. Surrounded by Metro Bus Stops, Retail Shops and More. Building Contains 1 Bedroom / 1 Bathroom Units; 24 parking Spaces for Tenants.

Sale Price: $575,000

Listing Details

Settings
Listing No : 1894
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Lot Size (Acres) : 0.30 Acre(s)
Sale Price : $575,000
Heating : Electric Base Board
Cooling : Threw-the-Wall A/C Units
Parcel No : 13-2-21-34-09-101-001
Zoning : Multi-Family
Zoning By : Collinsville
Complex : Townhouse Apartments
Parking : 24
Parking Surface Type : Asphalt
Property Tax : $4,581
Tax Year : 2016
Year Built : 1968
Rehab Year : 2007
Roof : Metal
Exterior : Brick
Floors : 2
Total Units : 24
Total Acres Available : 0.30 Acre(s)
Min Divisible Acres : 0.30 Acre(s)
Acres : 0.30 Acre(s)
Gross Rental Income : $47,640
Insurance : $7,650
CAM : $18,169
Utilities : $16,312

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