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$ 179,000
Est. payment /mo
Active
901 Niedringhaus AVE Granite City, IL 62040
4,480 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 4,480 sqft
Price per Sqft $39
MLS Listing ID MAR25021723
Construction Status 100
Year Built 1925
Building Age 100
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Multi-Family 2-4
Property Description
A remarkable investment opportunity, with room to grow and a high traffic location. Sale includes main building, garage, side lot 905 Niedringhaus and lot across the street 849 Neidringhaus. The building contains 3 rented apartments upstairs. (1 One bedroom, 2 efficiencies) The main floor has 2 rental units that can be used in current state of bar and retail or converted to apartments. Off the bar is a large all seasons room and deck. A shed in the fenced side yard is also great for more storage. Each unit has it's own metered utilities except the heat in 1 bedroom apartment. Behind the building is an oversized 2 car garage that could be rented, used as a workshop or storage. The property already has rental income and with the right improvements more income can be added. The property sits on a corner lot near America Steel, Prairie Farms plant, and the America's Central Port.
Location
State IL
County Madison-il
Interior
Heating Forced Air
Cooling Electric, Individual Units
Fireplace N
Building
Sewer Public Sewer
Water Public
Construction Status 100
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District Granite City Dist 9
Others
Special Listing Condition Rehabbed, None
Listed by RE/MAX Alliance
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