Map
Listed price in listed location currency (USD).
$48,000

000

MLS® 26059827

Overview

Key Facts

Type 
Levels Residential Income
Size 2249 sqft
Garage 
Taxes $2,301
Days Active 0
Lot Size 0.1435 Acres
Approx. Age 1900
Avg. Price Per Sqft $21
MLS® Number 26059827

Property Address: 2123 Edison Avenue, Granite City, IL, 62040

Average square foot calculated using Size range provided by listing agent.

Description

Affordable four-unit multifamily investment opportunity in Granite City, Illinois, offered at $48, 000. The property features a 2, 249 SF two-story brick building on a 50' x 125' lot and is currently 25% occupied, with one occupied unit and three vacant units. The current tenant pays $635 per month, providing immediate income while leaving significant upside through lease-up of the remaining units. At just $12, 000 per unit, this property offers a compelling value-add opportunity for an investor seeking a low-cost multifamily acquisition with room to increase occupancy and revenue. 2025 real estate taxes are approximately $2, 300.64.
MLS® Number26059827
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1900
Basement
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

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