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0 N First St & Pawnee Drive

Swansea, IL 62226
  • $1,470,000
  • STATUS: Active Under Contract
  • ON SITE: 90 Days
  • ID#: 24015101
Under Contract
UPDATED: 174 min ago
$1,470,000
  • 0
    BEDS
  • 1.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,464
    SQFT
  • $76
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
County:

School Information

Elementary School:
Middle School:
School District:

Description

You have been waiting for a great opportunity...wait no more. Almost 100% full with one app in place for last unit. 25 unit ...yes, 25 Unit complex in the heart of Swansea. All units are 2 bed 1 bath, with one efficiency unit currently being used as an office, but has been rented before. Tenants pay electric, W/S/T is an additional fee added to rent. On site coin/app operated laundry managed by Hoppy Self Service. Reasonable Rents, Great Location with Bus steps away and across street from gas station for those midnight sodas and lots of protection with Swansea Police Dept directly across street. Almost all units have been updated. Sellers will be relocated and feel that a local owner would possibly better serve this investment. Property is Broker owned. A definite need to look at if you are in the market to add to your rental portfolio or start a brand new one! Notice required, qualified buyers may obtain P and L. This one will not last!

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-06-12T14:39:27.893.

Hartmann Realtors Inc.: (618) 344-7900
www.hartreal.com/homes/148551258
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0 N First St & Pawnee Drive Swansea, IL 62226

  • Price: $1,470,000
  • Status: Active Under Contract
  • On Site: 90 Days
  • Updated: 174 min ago
  • ID#: 24015101
0
Beds
0
Baths
0
½ Baths
1.18
Acres
19,464
SQFT
$76
$/SQFT
Neighborhood:
N/A
County:
St Clair
Elementary School:
High Mount Dist 116
Middle School:
High Mount Dist 116
High School:
Belleville High School-East
School District:
High Mount Dist 116
Property Description
You have been waiting for a great opportunity...wait no more. Almost 100% full with one app in place for last unit. 25 unit ...yes, 25 Unit complex in the heart of Swansea. All units are 2 bed 1 bath, with one efficiency unit currently being used as an office, but has been rented before. Tenants pay electric, W/S/T is an additional fee added to rent. On site coin/app operated laundry managed by Hoppy Self Service. Reasonable Rents, Great Location with Bus steps away and across street from gas station for those midnight sodas and lots of protection with Swansea Police Dept directly across street. Almost all units have been updated. Sellers will be relocated and feel that a local owner would possibly better serve this investment. Property is Broker owned. A definite need to look at if you are in the market to add to your rental portfolio or start a brand new one! Notice required, qualified buyers may obtain P and L. This one will not last!
Exterior Features

Attached Garage YN No Construction Materials Brick Lot Size Dimensions 219.29x259.12x169.73x114.18x48.95x150 Lot Size Source County Records Parking Features Parking Lot

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heat Source Electric Heating Forced Air Heating YN Yes Laundry Features Coin Operated

Property Features

Association Southwestern Illinois Board of REALTORS Association Fee 0 Builder Model Low/1-2 Cable Available Yes Cross Street First Current Financing Cash OnlyConventional Development Status Unknown Disclosures UnknownAgent OwnedOccupancy Perm Req Inclusions Building & Land Lease Term Leases Net Operating Income 155048 Ownership Private Possession Subject to Tenant Rights Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 31518 Tax Year 2022 Tenant Pays Cable TVElectricityOther Three Bed Units 0 Transaction Type Sale Two Bed Units 24 Water Source Public

Listing provided courtesy of Prestige Realty Group: 2369400. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-06-12T14:39:27.893.

Hartmann Realtors Inc.: (618) 344-7900
 
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Hartmann Realtors Inc.
2505 Vandalia Street
Collinsville IL, 62234