Collinsville, IL 62234,816 W Clay
Collinsville, IL 62234,816 W Clay
Collinsville, IL 62234,816 W Clay
25
$167,500
$150,000
11.7%
Est.Price: ?

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2,170 SqFt

816 W Clay Collinsville, IL 62234

Est. payment /mo
SOLD DATE : 06/29/2022

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Key Details

Sold Price $167,500

Property Type Multi-Family

Sub Type Multi-Family 2-4

Listing Status Sold

Purchase Type For Sale

Square Footage 2,170 sqft

Price per Sqft $77

Subdivision Montvue Second Sub

MLS Listing ID 22028200

Sold Date 06/29/22

Construction Status 120

Year Built 1902

Building Age 120

Lot Size 8,538 Sqft

Acres 0.196

Lot Dimensions 77x172

Property Description

Great Investment property. Move in ready. HUGE rooms. Very spacious units with big closets as well. Client is retiring. Downstairs tenant has 6 months left on lease at $600 a month. This tenant has been there 4 years and takes great care of his unit. This rent should be north of $800 a month. Upstairs unit is vacant and its rent should be north of $700. Separate gas and electric for each unit go in tenant's name. One sewer and water bill that owner currently pays but could be split between tenants. Separate furnace, AC, and water heater for each unit. Washer and dryer hook up in basement currently only for 1st floor unit, but a second hook up is already plumbed. Just need to add a wall and doors to separate the basement access to each tenant. Cash flows like crazy. Tons of parking, you will never have a dispute with your tenants over parking.

Location

State IL

County Madison-il

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Exterior

Parking Type Additional Parking, More Than 1 Spc/Unit, Off Street

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Construction Status 120

Schools

Elementary Schools Collinsville Dist 10

Middle Schools Collinsville Dist 10

High Schools Collinsville

School District Collinsville Dist 10

Others

Acceptable Financing Cash Only, Conventional, FHA, Government, USDA, VA

Listing Terms Cash Only, Conventional, FHA, Government, USDA, VA

Special Listing Condition Rehabbed, Renovated, None

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Listed by Scott Von Bokel • Real Broker LLC
Bought with Patrice Tucker

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Saddle Sisters Real Estate

Agent | License ID: 2023019053

+1(314) 526-6028

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