Under Contract

2037 Delmar Avenue

Granite City, IL 62040
2,340 sqft
$90,000
Photo of 2037 Delmar Avenue Granite City IL 62040

Details

Looking for the perfect investment property? Look no further! All-brick quadplex is ideally located in Granite City, offering convenient access to major highways, shopping, restaurants, schools, parks, & the hospital. Public transportation is just moments away, making this a prime location for tenants. With 4 units to lease, this property offers a great cash flow opportunity, whether you choose to rent as traditional apartments, boarding house, or even convert it into lofts. Units feature tall ceilings and spacious rooms, adding to the overall appeal and versatility of the space. The 2 upper units include 3 bedrooms & 1 bathroom each, while the lower-level units offer 2 bedrooms and 1 bathroom. Each unit comes with laundry hookups, a valuable feature for tenants. Off-street parking in the rear provides additional convenience. This property is being sold AS-IS, WHERE-IS, seller will make no repairs nor provide city occupancy. Schedule a private showing with your favorite Realtor today!

Specs

Type Multi-Family
Square Footage 2,340 sqft
Lot Size 0.14 acres
Year Built 1920
Taxes Paid $3,573

Lots & Building Features

Appliances Some Shower Bath(s), Washer/Dryer, Some Storm Window(s), Some Smoke Alarm(s)
Construction Fl Brick/Stn Veneer
Cooling Ceiling Fan(s)
Heat Source Gas
Heating Baseboard
Parking Description On Street, Open
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 0.1435 ac ft

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Financing

$
20%
3.97%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Granite City
County Madison-IL
School District Granite City DIST 9
Subdivision n/a

Schools

Elementary School GRANITE CITY DIST 9
Junior High School GRANITE CITY DIST 9
Senior High School Granite City
Monica Mahtani, Coldwell Banker Brown Realtors