108-110 E Main St - a unique investment opportunity in the heart of downtown Mascoutah! This mixed-use 4-plex offers multiple income streams with plenty of upside potential. Two of the four units are currently occupied, with a long-term commercial tenant paying $950 per month and a one-bedroom residential tenant paying $750 per month. The main-level commercial space currently rented for $1,300 per month (3-year lease starting Oct-1,2025), and upstairs you'll find a spacious two-bedroom apartment ready for remodel - the perfect chance to add value and increase income ($1000+). With its prime location, strong rental history, and room for improvement, this property is an ideal fit for investors or an owner-occupant looking to build multiple streams of income. Potential for owner occupied!
Active
Listing Provided by:
Michaela Patterson 618-795-4701,
Strano & Associates,
Stacey Lacroix 618-407-4156,
Strano & Associates
$450,000
108-110 E Main St, Mascoutah, IL 62258
3beds
2baths
3,838sqft
Est.:
Multi Family, Apartment
Built in 1950
-- sqft lot
$-- Zestimate®
$117/sqft
$-- HOA
What's special
Spacious two-bedroom apartment
- 22 days |
- 351 |
- 13 |
- Loading
- Loading