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$275,000
Est. payment /mo
2,560 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 2,560 sqft
Price per Sqft $107
Subdivision Phillips Add
MLS Listing ID 26052408
Style Other
Year Built 1965
Annual Tax Amount $6,362
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type 2-4 Units
Property Description
Spacious Duplex with Exceptional Investment Potential! This versatile multi-unit property offers two established residential units plus a full basement with exciting possibilities. The main-level Unit A features 3 bedrooms and 1 full bath, while the upper-level Unit B offers 3 bedrooms and 2 full baths, providing excellent space and flexibility for tenants or an owner-occupant.
The full basement is currently used for storage and includes a bathroom, adding valuable functional space to the property. With the proper approvals and a special variance, the basement has the potential to be converted into a third residential unit, creating an opportunity for an investor to add another income-producing unit.
Whether you're looking to expand your rental portfolio, live in one unit while generating rental income from the other, or take advantage of the property's future potential, this property offers plenty of possibilities. A unique opportunity to maximize both space and investment potential!
The full basement is currently used for storage and includes a bathroom, adding valuable functional space to the property. With the proper approvals and a special variance, the basement has the potential to be converted into a third residential unit, creating an opportunity for an investor to add another income-producing unit.
Whether you're looking to expand your rental portfolio, live in one unit while generating rental income from the other, or take advantage of the property's future potential, this property offers plenty of possibilities. A unique opportunity to maximize both space and investment potential!
Location
State IL
County St. Clair
Rooms
Basement Full
Interior
Cooling Central Air
Fireplace N
Exterior
Parking Features false
View Y/N No
Private Pool false
Building
Structure Type Brick
Schools
Elementary Schools Freeburg Dist 70
Middle Schools Freeburg Dist 70
High Schools Freeburg
School District Freeburg Dist 70
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
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Listed by Kate Pearce • RE/MAX Preferred
NEARBY SCHOOL & BUSINESS
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