Under Contract

1975 Nathan Avenue

Mascoutah, IL 62258
4,560 sqft
$395,000
Photo of 1975 Nathan Avenue Mascoutah IL 62258

Details

Discover an incredible investment opportunity in Mascoutah, IL! This fully occupied 4-unit complex offers a solid return and consistent rental income. Each spacious unit features 3 bedrooms and 1.5 bathrooms. Unit 1 has been recently updated, showcasing modern finishes, while Unit 4 received updates within the last five years. This ensures a low-maintenance property with appeal for tenants. Located in a thriving community, a vibrant economy, and proximity to Scott Air Force Base, enhancing tenant demand. This property offers stability, growth potential, and immediate cash flow. Don’t miss your chance to own this exceptional property in a high-demand area. Call today to schedule a viewing and secure your spot in Mascoutah’s flourishing real estate market! Buyer to verify all information.

Specs

Type Multi-Family
Square Footage 4,560 sqft
Lot Size 0.25 acres
Year Built 1988
Taxes Paid $6,220

Lots & Building Features

Appliances Some Dishwasher(s), Some Refrigerator(s), Some Range Oven(s), Some Microwave(s)
Construction Fl Brick/Stn Veneer
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description More Than 1 Spc/Unit, Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 120x90x120x90 ft

Room Details

Misc Description Patio

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Financing

$
20%
1.5746835443038%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Mascoutah
County St Clair-IL
School District Mascoutah DIST 19
Subdivision North Towne Sub

Schools

Elementary School MASCOUTAH DIST 19
Junior High School MASCOUTAH DIST 19
Senior High School Mascoutah
Connie Kappert, Re/Max Signature Properties