Multi-Family for Sale: 201 N Shamrock Street, East Alton, IL 62024 SOLD

3,960 sqft
201 N Shamrock Street, East Alton, IL 62024 SOLD
3,960 sqft
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Selling Price: $260,000
Original List Price: $250,000
Sold at 104.0% of list price
Sold Date: 03/29/2024

Type Multi-Family
Total Living Area 3,960 sqft
Year Built 1963
Taxes Paid $8,400

City East Alton
County Madison-IL
Subdivision none

MLS 24008913
Status Closed
DOM 3 days
You don't want to miss this amazing well maintained investment property package! This property includes three parcels. Two excellent condition buildings and a large parking lot. with 3 garages total. Pride of ownership really shows here and this is a must see for any investor wanting to add to their portfolio. One building contains 4 one bedroom units with rent as follows 205A= $450, 205B= $475,= 205C=$400, 205D=$475, and on the other building contains 3/1 bedroom unit 201E=4475, 201F=$475, 201G=$490, and the H Garage is rented for $125. Property has much more room for rental income growth as rents are under market. Property also includes a large parking lot as one of the parcels and 3 garage total with one producing an income at this time. Property also features an office in the basement and lots of storage for tools and supplies. This is a must see! Make your appointment today. All tenants are long term and month to month tenancy. Average length of tenancy is 6.57 years.

Lot & Building Features

Construction Brick Veneer, Cedar
Cooling Electric, Wall Unit(s)
Heat Source Gas, Steam
Heating Forced Air, Radiant Floor
Parking Description Parking Lot
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 50x108x50x117x50x108 ft

Community and Schools

Senior High School East Alton/Wood River

Price History of 201 Shamrock Street, East Alton, IL

Date Name Price Difference
02/14/2024 Listing Price $260,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 201 Shamrock Street, East Alton, IL

Location Map Street View
Photo of Wayne Failoni
Direct: 314-772-8407
2242 Thurman Ave
Saint Louis, MO 63110
Listed by Re/Max River Bend, Shawna Aughenbaugh
Sold by Zdefault Office, Default Zmember
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Listing information courtesy of: Re/Max River Bend

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