203 W Madison ST Active Save Request In-Person Tour Request Virtual Tour
Vandalia,IL 62471
Key Details
Property Type Multi-Family
Sub Type Multi-Family 2-4
Listing Status Active
Purchase Type For Sale
Square Footage 3,013 sqft
Price per Sqft $34
MLS Listing ID 24062703
Year Built 1895
Building Age 129
Lot Size 6,098 Sqft
Property Description
Check out this great income producing duplex located in Vandalia, IL. Several recent updates with the biggest being a new roof in 2023, new HAVC system installed in 2023 for one of the units, new water heaters in 2024 and 2019. Each unit has its own laundry hookups. One of the unique aspects about this property is the electric, gas, and water is separately metered so less work for the investor billing back tenants. Majority of windows are vinyl along with vinyl siding, this makes the exterior of the duplex easy to maintain. One unit is 3 bedrooms and 2 full baths. Second unit is 3 bedrooms and 1.5 baths. Rents have ranged from $700-$750 the past year. Property is vacant so new owner has their own choice of tenants. Run your own numbers any way you like and you will see this property is priced appropriately to start making income for the new owner once the units are leased. Any questions feel free to get in touch with me or your favorite agent. Property is being sold as-is.
Location
State IL
County Fayette-il
Interior
Heating Forced Air
Cooling Electric
Building
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Schools
Elementary Schools Vandalia Dist 203
Middle Schools Vandalia Dist 203
High Schools Vandalia
School District Vandalia Dist 203
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition No Exemptions,None