Unlock your investment potential! Schedule a visit today to view this exceptional duplex. stripped to its studs and ready for transformation. Some new electrical and building materials included. Make your portfolio stand out with your personal touch. Buyers and buyers agent to verify all information in the MLS included sq ft, taxes, features, and school.
Agent Interest - Great investment opportunity! This is a 4 unit apartment building, with two, 2 bedroom 1 bath units upstairs and 2, 1 bedroom 1 bath units downstairs. 1 unit currently vacant but ready for move in. There are 2 long term tenant's which have resided in the building multiple years, as well as a tenant who is under a 1 year lease at present. Rents when 4th unit is rented will be 2,550 per month, with 3 great tenants, two long term who pay each month. Owner pays trash and sewer which comes up to $110.00 combined per month, as well as 15 dollar basement electric bill per month. Property has had new electrical, some newer plumbing, and some HVAC updates. Window units for a/c as well as forced heat throughout units. Great property which stays rented with room to increase rents. Property is a cash cow!
Two single family residences on one parcel. The front home is a 2 bedroom, one bath and now vacant. The second home is a 1 bedroom, one bath home with a 'non-conforming' room with upstairs with a long term tenant that would like to stay. Each home has a basement for additional storage. Tenant is current on rent. Tours are to be with pre-approved, serious buyers only. All tenant rights will be adhered to and a 48 hour notice will be given to all tenants of request tours. Live in one and rent the other!
The median home value in Granite City, IL is $66,200. This is lower than the county median home value of $112,200. The national median home value is $219,700. The average price of homes sold in Granite City, IL is $66,200. Approximately 59.06% of Granite City homes are owned, compared to 29.44% rented, while 11.5% are vacant. Granite City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Granite City real estate agent to arrange a tour today!
Granite City, Illinois 62040 has a population of 29,632. Granite City 62040 is less family-centric than the surrounding county with 25.73% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Granite City, Illinois 62040 is $46,916. The median household income for the surrounding county is $56,536 compared to the national median of $57,652. The median age of people living in Granite City 62040 is 41.7 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 42.2 inches per year, with 12.1 inches of snow per year.