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2205 Grand Avenue, Granite City, IL 62040

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For Sale

$16,500

3,384 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $4.88
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

4-Unit Fixer-Upper with Endless Potential 2205 Grand Ave, Granite City! Attention investors and rehabbers here s your chance to bring a solid 4-unit property back to life and unlock its full income potential! Located in the heart of Granite City, this multi-family building offers FOUR spacious units, each with 1 bedrooms and 1 bathroom, waiting for your vision and updates. Each unit is 900 sq ft and includes separate water and electric meters! With the right improvements, this property can generate strong rental income or serve as a great live-in / rent-out opportunity. The brick exterior provides lasting durability, while the convenient location near shopping, dining, schools, and highways makes it attractive to future tenants. Value-add opportunity for investors or DIY buyers. Strong rental demand in the area. Brick construction for low maintenance. Affordable entry point into multi-family investing. Bring your creativity and transform this property into a cash-flowing investment or affordable home option. Properties with this much upside don t last long schedule your showing today!
MLS# 25067494

Courtesy Of eXp Realty, LLC

(888) 574-9405

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Brick
  • Lot Size
    0.14 Acres
  • Rooms
    Basement

Map and Directions

Directions to 2205 Grand Avenue, Granite City, IL 62040

Home seller CENTURY 21 Bailey & Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Bailey & Co.

(618) 931-2121
Learn More About Us

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
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  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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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.

† Based on a 30-year fixed rate of 3.38% 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.