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Key Details
Sold Price $136,000
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Sold
Purchase Type For Sale
Subdivision Sterling Lot
MLS Listing ID MIS25011556
Sold Date 04/01/25
Year Built 1930
Lot Dimensions 50x135
Property Sub-Type 2-4 Units
Property Description
This turnkey apartment building has four units and is ready for new ownership. Three of the four units are currently occupied with reliable long-term renters ensuring a steady cash flow from day one. The fourth apartment has recently been updated, is currently vacant, and has passed its inspection with the city. The current owner has completed electric and plumbing updates to allow for each unit to have its own electric and water service. You'll notice the attention to detail with each breaker box being clearly labeled and all plumbing lines being color coordinated to their respective apartments. Each unit features one bedroom, a living room, an eat-in kitchen, a closet, and a bathroom. All appliances will be included in the sale. The basement offers four equally divided spaces for doing laundry and additional storage. A large four-car divided garage also sits on the premises adjacent to a parking lot allowing plenty of space for off-street parking.
Location
State IL
County Madison
Area 730 - All Other Areas
Interior
Heating Varies by Unit, Natural Gas
Cooling Wall/Window Unit(s)
Fireplace N
Appliance Gas Water Heater
Laundry In Unit
Exterior
Exterior Feature Balcony
Parking Features false
Amenities Available Storage
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools East Alton Dist 13
Middle Schools East Alton Dist 13
High Schools East Alton/Wood River
School District East Alton Dist 13
Others
Special Listing Condition Standard
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