4-plex on corner lot on dead-end street in Alton. Each unit measures 550 sq. ft. Each unit has separate heating/cooling, water heater and electric services. Each unit also has an attached garage that measures 19 x 9. This property has a ton of potential.
6 Multi Family Homes For Sale in Alton, IL
Two-Unit Duplex could easily be converted to a single family home. Main level (right door) unit is move-in ready with 2 bedrooms, living room with fireplace, eat-in kitchen, nice enclosed back porch currently used as a home office and deck. Brand new gas furnace just installed. Upper level (left door) needs a little TLC but also has 2 bedrooms and is spacious! Enclosed back porch, stairs/deck to back yard. Brick paver courtyard, off-street parking off back alley. Wheelchair elevator will stay. Lots of potential and opportunity! Security cameras are present. Home is sold AS IS. Seller will not provide any repairs or occupancy permit. All appliances remaining in home are included, as is with no knowledge of condition. ** Please use caution on back stairs, condition unknown ** Roof is believed to be less than 20 years old.
Don't miss this beautiful 4 plex with a river view right in the heart of downtown Alton! Rent potential is $900 (+-) per month. Each unit features large 1 bedroom 1 bath units with so much space and beautiful high ceilings. Upstairs units have an extra walk through bonus room that could be used as an office or sleeping room. 2 units are currently rented and two are just waiting for you to find the perfect tenant or, move right in yourself and let the other 3 units carry your monthly bills. Schedule your showing today!Seller is selling as is and will not make repairs or provide any occupancy permits.
Brand New Roof just installed. Great income producing property! Cash flows monthly! Owned by a contractor and has been very well maintained. Home has been rewired! Lots of PVC plumbing as well! Upstairs features 1 bed/1 bath is now vacant but last rented for $395.00. Bottom unit 2bed/1 bath is vacant rented last for $650. Rents are under market! Seller pays water/sewer/trash. These could be rolled into the rents! Bottom unit mows the lawn. Shed in back for lawn mower. Property cash flows at $725 monthly no mortgage or with traditional financing property will cash flow $525 monthly with all expenses paid. These numbers are from the previous rents gotten. These are averages and can vary of course! Property can easily cash flow more with raising the current rents to market rents. New owner can rent the both units immediately as they are move in ready! Great deal for someone looking to invest and have their money work for them monthly! Washer and dryer in the basement.
GUARANTEED INVESTOR INCOME! Beautifully rehabbed Lucas Pfeiffenberger building in the heart of downtown Alton offers 2 gorgeous loft apartments on 2nd & 3rd floors w/street level business space. All currently leased. Loft apts: open floor plans in industrial/modern style feature: travertine, concrete counters, exposed ceilings, fireplaces, private laundry, hardwood floors, slate tiled balcony, and expansive views of the Mississippi Riverfront! Main floor commercial business space designed to accommodate 2 different businesses w/separate entries & utilities. Updates include: Electrical, HVAC-each floor has separate breaker box/HVAC, plumbing, on demand water heaters, rubber rolled roof ('14), ductwork, sewer line ('14). Owner pays water, sewer & trash. Full basement offers storage access through business. Each floor rents for $1200/mo. DO NOT disturb tenants, no sign. Duplicate listing of #21010985.
Great income producing property! All utilities are separate including the water. Tenants pay their own water/sewer/power/electric! New Roof 2018! Brand new electric service and electrical boxes. Apt A is rented Apt B is vacant just waiting for you to rent to a new tenant. Large rooms! Apt A features a 3 bed 1 bath eat in kitchen Apt B has new flooring and features a 2 bed 1 bath with a dining room and an eat in kitchen. Each unit has a laundry hook up! Don't miss this excellent cash flowing investment property!