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    812 E 7th Street

    Alton, IL 62002
    • $33,000
    • STATUS: Active Under Contract
    • ON SITE: 269 days
    • ID#: 20012531
    Under Contract
    UPDATED: 125 min ago
    $33,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,000
      SQFT
    • $11
      $/SQFT
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    MOTIVATED SELLER SAYS MAKE OFFER! PRICE REDUCED!! INVESTOR OPPORTUNITY! 812 includes 814. Both are 3 bdrm duplexes. All 3 bdrms are upstairs with a bathroom. Downstairs has a living room, dining room, kitchen, half bathroom, and W/D utility room hook ups. This is a 3000 sq. ft. building, 1500 sq. ft. each side with full unfinished basements. 812 is vacant and has been entirely repainted and all new carpet. 812 also got a new furnace in 2017. Rents have been/are 812 ($690) and 814 ($640) occupied 7 years. Tenants pay all utilities except trash. This building had actual profits of $9,121.00 in 2017, $7,472.29 in 2018, and $4,332.35 in 2019 (812 fell behind and had to be evicted). An EXCEL spreadsheet can be provided.Owner also has the 4-plex next door at 808 E. 7th for sale, and is willing to produce a package deal for the right buyer.

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    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-11-23T23:48:58.1.

    RE/MAX Vision: (636) 238-3830
    www.homeswithvision.com/homes/103701240
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    812 E 7th Street Alton, IL 62002

    • Price: $33,000
    • Status: Active Under Contract
    • Updated: 125 min ago
    • ID#: 20012531
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    3,000
    SQFT
    $11
    $/SQFT
    1900
    Built
    Neighborhood:
    Hunters North Liberty Add
    County:
    Madison
    Elementary School:
    Alton Dist 11
    Middle School:
    Alton Dist 11
    High School:
    Alton
    School District:
    Alton Dist 11
    Property Description
    MOTIVATED SELLER SAYS MAKE OFFER! PRICE REDUCED!! INVESTOR OPPORTUNITY! 812 includes 814. Both are 3 bdrm duplexes. All 3 bdrms are upstairs with a bathroom. Downstairs has a living room, dining room, kitchen, half bathroom, and W/D utility room hook ups. This is a 3000 sq. ft. building, 1500 sq. ft. each side with full unfinished basements. 812 is vacant and has been entirely repainted and all new carpet. 812 also got a new furnace in 2017. Rents have been/are 812 ($690) and 814 ($640) occupied 7 years. Tenants pay all utilities except trash. This building had actual profits of $9,121.00 in 2017, $7,472.29 in 2018, and $4,332.35 in 2019 (812 fell behind and had to be evicted). An EXCEL spreadsheet can be provided.Owner also has the 4-plex next door at 808 E. 7th for sale, and is willing to produce a package deal for the right buyer.
    Exterior Features

    Building Desc Duplex Construction Vinyl Siding Lot Dimensions 41.5X120 Parking Description On Street Parking

    Interior Features

    Appliances Some Some Refrigerator(S)Some Range Oven(S) Cooling 1 Window/Wall Heat Source Gas Heating Forced Air Miscellaneous Basement Water Heater Gas

    Property Features

    Association Greater Gateway Association Of Realtors Cable Available Yes Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Disclosures Sellers Discl. Avail Fixed Expenses InsuranceTrash Removal Gross Operating Income 15960.00 Lot Size Source County Records Net Income 14340.00 Operating Expenses Fixed Expenses Ownership Private Possession At Closing Possible Buyer Fees YN No Property Type Multi-Family 2-4 Selling Terms CashConventionalOther Sewer Public Special Description No Exemptions Special Listing Conditions None Square Footage Source Other Tax Year 2018 Taxes Paid 1708 Tenancy Type 1 Or More Vacant Tenant Pays Cable Tv/SatelliteElectricGasSewerWater Total Expenses 1620.00 Transaction Type Sale Type Of Units 2-Family Water Public

    Listing provided courtesy of Re/Max Alliance. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-11-23T23:48:58.1.

    RE/MAX Vision: (636) 238-3830
     
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