2,274 sq. ft.
38.895006 -90.17778

518 East 8th Alton, IL 62002

Est. Monthly $535 with $2,265 in taxes recalculate
2,274 sf

Have A Question? Contact Office Contact CENTURY 21 Bailey & Co.

CENTURY 21 Bailey & Co.
2301 Pontoon Road
Granite City, IL 62040
CENTURY 21 Bailey & Co.
2301 Pontoon Road Granite City, IL 62040
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518 East 8th
Alton, IL 62002

Explore This Property

Multi-Family (2-4 Units) - This fully leased 4-plex in Middletown offers great income opportunity. There are THREE 1-bedroom units and ONE 2-bedroom unit. The three 1-bedroom units have a full bath and the 2-bedroom unit has 1.5 baths. The landlord pays for sewer and trash and the tenants pay for their gas/electric. There are stoves and refrigerators provided in each unit. Each 1-bedroom rents for $385-$400 per month and the 2-bedroom unit rents for $485 per month. That's a total of $1,655 per month in income.
MLS # 16042833
Courtesy Of RE/MAX Express

Property Features

  • Age: Over 50 Years Old
  • Appliances: Oven, Refrigerator
  • Architecture Style: Other
  • Cooling System: None
  • Heating System: Forced Air
  • Parking Type: Off Street, On Street
  • Roof Type: Unknown

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $535Your estimated monthly payment
    $13,60020% Down Payment
    $68,000 $61,200 $2,265
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    Grades K-5 | Public School

    GODFREY, IL 62035
    5600 GODFREY RD

    Total Students 540
    Student Teacher Ratio 14:1

    School Rating

    2 stars View School Details
    Middle School
    Grades 6-8 | Public School

    ALTON, IL 62002
    2200 COLLEGE AVE

    Total Students 1400
    Student Teacher Ratio 13:1

    School Rating

    2 stars View School Details
    High School
    Grades 9-12 | Public School

    ALTON, IL 62002
    4200 HUMBERT RD

    Total Students 2000
    Student Teacher Ratio 15:1

    School Rating

    3 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    St Mary School 0.3 mi Catholic PRESCHOOL-8
    New Vision Christian Academy 0.3 mi Private PRESCHOOL-8
    Marquette Catholic High School 0.3 mi Catholic 9-12
    Ss Peter & Paul Elementary School 0.7 mi Catholic PRESCHOOL-8
    Lovejoy Elementary School 0.9 mi Public K-1
    Catholic Childrens Home 1.1 mi Catholic 4-12
    Eunice Smith Elementary School 1.1 mi Public PRESCHOOL-1
    Early Childhood 1.1 mi Public PRESCHOOL-PRESCHOOL
    West Elementary School 1.2 mi Public K-5
    East Elementary School 1.4 mi Public K-5
    Motivational Achievemnt Center 1.8 mi Public K-8
    Mississippi Valley Christian School 2.0 mi Private PRESCHOOL-12
    St Ambrose Catholic School 2.3 mi Catholic PRESCHOOL-8
    St Mary's School 2.4 mi Catholic PRESCHOOL-8
    Evangelical School 2.5 mi Private PRESCHOOL-8
    Gilson Brown Elementary School 3.3 mi Public K-5
    Montessori Children's House 3.9 mi Private PRESCHOOL-8

    Local Area Information for Alton, IL 62002

    Median Age: 38.7
    Married: 36.6%
    Number of Households: 13,150
    Households with Children: 3,357
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Multi-Family (2-4 Units) located at 518 East 8th, Alton, IL 62002 is currently for sale. 518 East 8th, Alton is listed for $68,000. This property has approximately 2,274 square feet. If the property located at 518 East 8th, Alton, IL isn't what you're looking for, search Illinois real estate to see other houses for sale in Alton.