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901 Niedringhaus Avenue Granite City, IL 62040

$160,000

4480 Square Feet

Tax History: $2423 - 2024

Estimated Payment: $758 Per Month*

Based on a 30-year fixed rate of 5.88% with 20% down. [ Change ]

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Property Description

$160,000 , Located in N/A, GRANITE CITY. ZIP Code: 62040

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.

This property is located on 0.41 Acre(s).

Near By Listings

1832 Cleveland Boulevard Granite City, IL 0.57 miles

2447 24th Street Granite City, IL 1.81 miles

115 Jerome Lane East St Louis, IL 5.35 miles

11 9th Street Belleville, IL 5.49 miles

2718 State Street East St Louis, IL 6.38 miles

Main Features:

Approximate lot size is 0 Acre(s)
Elementary School: GRANITE CITY DIST 9
Middle School: GRANITE CITY DIST 9
High School: Granite City

Send Message to Realtor:

MLS#: 25021723
Listing ID: 60933
Updated: 6 days ago
Days on site: 85 days

Listing provided by

Jayne Endres

RE/MAX Alliance

* The Estimated Payment is offered as a tool for your convenience and is not an offer of credit. Actual mortgage rates and fees vary depending on your lender. Please check with your local lender for accurate mortgage rate information.

Note: Broker may not have reviewed or approved listing. All information that is provided by the listing agent/broker is deemed reliable but it is not guaranteed and should always be independently verified.

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The information provided is for consumers' personal, non-commercial user and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.