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 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 2,170 sqft

Price per Sqft $77

Subdivision Montvue Second Sub

MLS Listing ID 22028200

Year Built 1902

Lot Size 8,538 Sqft

Property Sub-Type 2-4 Units

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

Interior

Heating Natural Gas, Forced Air

Cooling Central Air, Electric

Exterior

Parking Features false

Building

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

Schools

Elementary Schools Collinsville Dist 10

Middle Schools Collinsville Dist 10

High Schools Collinsville

School District Collinsville Dist 10

Others

Acceptable Financing Cash, Conventional, FHA, Other, USDA, VA Loan

Listing Terms Cash, Conventional, FHA, Other, USDA, VA Loan

Special Listing Condition Standard

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Listed by Real Broker LLC

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agent

Danielle Jordan

Broker/Salesperson

+1(573) 308-5933

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