1011 State St - Apartments FOR SALE


Alton, IL 62002
$275,000 USD
618-433-9436
1011 State St, Alton, IL for Sale
$275,000 USD
Apartments - FOR SALE
1/51
null | Request Cap Rate

1011 State St
Alton, IL 62002


HIGHLIGHTS

  • Five well-appointed apartments, making it an excellent investment opportunity
  • Includes one cozy efficiency unit, two, one-bedroom apartments, and two spacious two-bedroom residences
  • The property is well-maintained, with a welcoming exterior and potential for strong rental income
  • This building is perfectly positioned for both long-term and short-term rentals

OVERVIEW

This charming two-story building features five well-appointed apartments, making it an excellent investment opportunity. The layout includes one cozy efficiency unit, two, one-bedroom apartments, and two spacious two-bedroom residences, catering to a variety of tenant needs. Each apartment offers comfortable living spaces, with ample natural light and modern amenities. The property is well-maintained, with a welcoming exterior and potential for strong rental income. Ideal for investors looking to enhance their portfolio, this building is perfectly positioned for both long-term and short-term rentals. Property to be SOLD AS IS. Seller to make no repairs. Please do not disturb tenants.

FOR SALE DETAILS

PRICE

$275,000 USD

PRICE/SF

$55 USD /SF

# OF UNITS

5

PRICE/UNIT

$55,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,999 SF

ZONING

Apartments

APN/PARCEL ID

23-2-07-11-13-304-006

ASK ABOUT THIS PROPERTY

Shane KampTarrant & Harman Real Estate and Auction Co.More Info
618-433-9436

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Shane KampTarrant & Harman Real Estate and Auction Co.More Info
618-433-9436

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