A remarkable investment opportunity, with room to grow and a high traffic location. Sale includes main building, garage, side lot 905 Niedringhaus and lot across the street 849 Neidringhaus. The building contains 3 rented apartments upstairs. (1 One bedroom, 2 efficiencies) The main floor has 2 rental units that can be used in current state of bar and retail or converted to apartments. Off the bar is a large all seasons room and deck. A shed in the fenced side yard is also great for more storage. Each unit has it's own metered utilities except the heat in 1 bedroom apartment. Behind the building is an oversized 2 car garage that could be rented, used as a workshop or storage. The property already has rental income and with the right improvements more income can be added. The property sits on a corner lot near America Steel, Prairie Farms plant, and the America's Central Port.
Active
Price cut: $5K (8/8)
$150,000
901 Niedringhaus Ave, Granite City, IL 62040
3beds
3baths
4,480sqft
Est.:
Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$33/sqft
$-- HOA
What's special
Fenced side yardCorner lotRented apartmentsAll seasons room
- 123 days
- on Zillow |
- 381 |
- 27 |
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