18,730 Square Foot Multi-Family Space For Sale @ 2612 State St
2612 State St, Granite City, IL 62040
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Matt K.
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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. .
Sale Price: $525,000
Size: 18,730 square feet (is divisible)
Type: Multi-Family Space
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