6500 Saint Clair AVE, East St Louis, IL 62203
6500 Saint Clair AVE, East St Louis, IL 62203
6500 Saint Clair AVE, East St Louis, IL 62203
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$250,000
Est. payment /mo
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0.62 Acres Lot
Active Under Contract

6500 Saint Clair AVE East St Louis, IL 62203

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Nicci Fears

Nicci Fears

+1(636) 297-7553

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 Family or More

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Jeromes Sub

MLS Listing ID 26000103

Style Apartment Style

Year Built 1924

Annual Tax Amount $10,811

Lot Size 0.620 Acres

Acres 0.62

Property Sub-Type 5 Family or More

Property Description

Here is your chance to make a smart investment that will continue to make you money for the rest of you life! Whether you are a seasoned investor or new to the business this property will provide you the residual income you have been looking for. These two buildings have 16 units (13 & 3) combined, storage rooms, and a laundry room. The majority of the units are vacant and they range from almost ready to move in to we need to gut this one condition. Most are in pretty good condition but need some minor TLC and freshening up. Most units have a refrigerator, stove/range, and a window a/c unit, all these will stay with the property. Each unit has a breaker box and most of the water heaters are located in one room in the building. One bedroom rentals with an East St Louis zip code are renting between $900-$1000 per month depending on whether or not utilities are included. Be sure to contact the St. Clair County Housing Authority (which serves East St. Louis) for their latest payment standards for 1-bedroom units to get the most accurate figure. These two properties are side by side and will be sold for one AS IS price. Buildings are currently on septic systems and replacement will be needed, no city sewer. Buyer and buyer's agent to verify all information. Property is being sold 100% AS IS. Seller will not do any inspections, repairs, or credits for repairs. Inspections are for buyer's knowledge only.

Location

State IL

County St. Clair

Interior

Heating Baseboard

Cooling Wall/Window Unit(s)

Fireplace N

Laundry Laundry Room, See Remarks

Exterior

Parking Features false

Fence None

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

View Y/N No

Roof Type Shingle

Private Pool false

Building

Lot Description Few Trees, Front Yard, Irregular Lot, Level

Story 2

Water Public

Level or Stories Two

Structure Type Stucco,Vinyl Siding

Schools

Elementary Schools East St Louis Dist 189

Middle Schools East St Louis Dist 189

High Schools East St Louis

School District East St Louis Dist 189

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listing As Is, Standard

Listed by Jason Buss • RE/MAX Preferred
Nearby Locations

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Nicci Fears

Nicci Fears

Broker Associate | License ID: 2005012827

+1(636) 297-7553

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6500 Saint Clair AVE