Listing Courtesy of: Betsy Butler - Re/Max Alliance 656-2111
$1,650,000 affordable loan icon Calculate Payment

1450 -1460 Morgan Street Swansea, IL 62226

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Multi-Family Residence
Beds
Baths
Sq. Ft.
1.07 Acre Lot

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Last updated on 11/28/2024 10:27 AM
Prime investment opportunity! First time on the market in 30 years for two 12-unit apartment buildings in highly sought after park like location. This property features 21 two bedroom/one bath units, 3 one bedroom/one bath units, and ample parking on 1.07 acre lot close Scott AFB, Fairview Heights, ...Belleville, and MetroLink. 23 units currently rented with 1 one bedroom apartment available for immediate rental. Tenants pay water, sewer, and electric. Each building has coin operated laundry. 1460 Morgan has storage lockers for tenants. 10 x 12 storage shed on site for property manager use. Owner has meticulously maintained the property with routine maintenance as needed over the years. City of Swansea Occupancy inspections have been completed with each vacancy. Don't miss your chance to own a significant income asset with excellent potential. Properties to be sold together and not separately. Continue reading
MLS#
24071786
Property Type
Multi-Family
Year Built
1972
Lot Size
1.07
Sewer
Public Sewer

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Listing Courtesy of: Betsy Butler - Re/Max Alliance 656-2111
Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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