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$400,000 New For Sale

4033 Mississippi Avenue
Cahokia, IL 62206


4,680 sq ft;
lot: 17860 sq ft lot
Commercial: Commercial - MLS# 19067830
Property Photo
1/11

Description

Great Investment Opportunity! A longtime owner is ready to retire and is selling 3 full brick apartment buildings with Anerson Windows that sit on adjoining lots. There are 2 buildings (4033 and 4035) with 4-one unit apartments each on one lot and a third building on the next lot (4037 - 01-35.0-305-042) that houses 8-two bedroom units. There are double walls between the units and sound board between the floors for sound barriers. There are wooden decks and the buildings have crawl spaces. The units have roomy living rooms 14 x 15.5 and 13 x 14. The bathrooms have one piece tub units amd ceramic tile flooring. The galley kitchens have ceramic floors. The bedrooms in the one bedroom units have a walk-in closet and measure around 14 x 11. There are numerous long term tenants some up to 10+ years. The 8 unit building has new gutters and downspouts. The 1 bedroom units have windows air units and the 2 bedrooms units have central air. No vacant units at this time.

Features

  • Age: 38
  • Approx Road Frontage: 218
  • Association: St. Louis Association of REALTOR
  • Building Fuel: Electric
  • Building No.: 3
  • Building Type: Apartment
  • Cooling: Wall Unit(s),Central-Electric
  • County/Area: St Clair County
  • Electric Service: Ameren
  • Exterior: Brick
  • Gross Operating Inc: 8000.00
  • Heating: Forced Air
  • Interior Walls: Drywall
  • Land Info: Included
  • Listing Status: Active
  • Lot Dimensions: 100 x 153 x 141 x 146
  • Lot Size: 0.4100
  • Lot Size Source: County Records
  • Lot Square Footage: 17860
  • Net Income: 5390.00
  • Operating Expense: Property Insurance,Real Estate Tax,Water & Sewer
  • Parking Description: Paved Asphalt
  • Property Type: Commercial
  • Road Access: City Street
  • Roof: Composition
  • Sale Includes: Building & Land
  • Sewer: Public
  • Sq.Ft.: 4680
  • Square Footage Source: County Records
  • Sub Type: Commercial
  • Subdivision: Not In A Subdivision
  • Subdivision/Neighborhood: Not In A Subdivision
  • Total Expenses: 2610.00
  • Unit Location: City,Hwy/Interstate Frntg
  • Utilities Available: Cable,Electric,Gas,Water,Sewer,Telephone
  • Water: Public
  • Zip Code: 62206
  • Zoning: Commercial

Contact Me





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Chuck Baer Realty Inc. | Property Management
113 Water Street
Cahokia, IL 62206
618-337-5000