19
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$45,000
Est. payment /mo
5,001 Sqft Lot
Pending
2720 Iowa ST #A, B, and C Granite City, IL 62040
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Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 25021247
Construction Status 93
Year Built 1932
Building Age 93
Lot Size 5,001 Sqft
Acres 0.1148
Lot Dimensions 40 x 125
Property Sub-Type Multi-Family 2-4
Property Description
Attention Investors & Renovation Enthusiasts! This multi-unit property offers incredible potential for those ready to roll up their sleeves. The front building is a two-story duplex featuring some 9' ceilings, living/dining rooms, hardwood floors, and a full basement. The rear structure, formerly a garage, includes an efficiency unit above—buyers should conduct due diligence to determine its rental potential. All three 1-bed units will require extensive renovation to shine again. A new roof was installed on the main building in 2022, along with newer windows and concrete steps. The rear unit also boasts newer siding. With the right vision and effort, this could be a cash-flowing gem. If you're not afraid of a project, this is your chance to build sweat equity and long-term value!
Location
State IL
County Madison-il
Interior
Heating Forced Air
Cooling None
Fireplace N
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl Siding
Construction Status 93
Schools
Elementary Schools Granite City Dist 9
Middle Schools Granite City Dist 9
High Schools Granite City
School District Granite City Dist 9
Others
Ownership Owner by Contract
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition No Exemptions, None
Listed by Ranae Harris • Re/Max Alliance