821 Niedringhaus Ave - Multi-Family FOR SALE


Granite City, IL 62040
$349,000 USD
314-258-1296
821 Niedringhaus Ave, Granite City, IL for Sale
$349,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

821 Niedringhaus Ave
Granite City, IL 62040


OVERVIEW

Looking to add to your portfolio? Need to identify your 1031X property? Here are 4 residential units (2 upper and 2 lower) AND an 1 "open canvas" commercial opportunity, just waiting for your vision. Hint, hint, can you say ARV possibility? All four residential units are occupied. Three on leases, one on month to month. Commercial property is vacant. Units A, B and C have been recently remodeled with recent occupancy inspections. Owner pays trash and lawn care. Showings with an accepted offer. Walk through to be scheduled within 4 days of an accepted contract. *** May require commercial financing. Seller is also selling MLS 25073965. May consider package. ****

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$74 USD /SF

# OF UNITS

5

PRICE/UNIT

$69,800

CAP RATE

Request Cap Rate

% LEASED

80%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

821/823 Niedringhaus Ave, Granite City IL 620

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,255 SF

ZONING

Multi-Family

APN/PARCEL ID

22-2-19-24-05-102-016

ASK ABOUT THIS PROPERTY

Julie Jones-KloecknerCole Jones Group - Elevate Illinois RealtyMore Info
314-258-1296

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Julie Jones-KloecknerCole Jones Group - Elevate Illinois RealtyMore Info
314-258-1296

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.