Multi-Family for Sale: 816 W Clay, Collinsville, IL 62234 SOLD

2,170 sqft
$167,500
$167,500
816 W Clay, Collinsville, IL 62234 SOLD
2,170 sqft
$167,500
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Selling Price: $167,500
Original List Price: $150,000
Sold at 111.7% of list price
Sold Date: 06/29/2022

Type Multi-Family
Total Living Area 2,170 sqft
Lot Size 0.20 acres
Year Built 1902
Taxes Paid $2,803

City Collinsville
County Madison-IL
Subdivision Montvue Second Sub

MLS 22028200
Status Closed
DOM 18 days
Great Investment property. Move in ready. HUGE rooms. Very spacious units with big closets as well. Client is retiring. Downstairs tenant has 6 months left on lease at $600 a month. This tenant has been there 4 years and takes great care of his unit. This rent should be north of $800 a month. Upstairs unit is vacant and its rent should be north of $700. Separate gas and electric for each unit go in tenant's name. One sewer and water bill that owner currently pays but could be split between tenants. Separate furnace, AC, and water heater for each unit. Washer and dryer hook up in basement currently only for 1st floor unit, but a second hook up is already plumbed. Just need to add a wall and doors to separate the basement access to each tenant. Cash flows like crazy. Tons of parking, you will never have a dispute with your tenants over parking.

Lot & Building Features

Construction Vinyl Siding
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description Additional Parking, Off Street, More Than 1 Spc/Unit
Sewer Public Sewer
Tax Year 2019
Water Public
Lot Dimensions 77x172 ft

Community and Schools

Junior High School COLLINSVILLE DIST 10
Senior High School Collinsville

Price History of 816 Clay, Collinsville, IL

Date Name Price Difference
05/04/2022 Listing Price $167,500 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 816 Clay, Collinsville, IL

Location Map Street View
Photo of Keith Vach
Direct: 314-691-8006
Office
12851 Manchester Rd, Suite 100
Saint Louis, MO 63131
314-775-2050
Listed by Real Broker LLC, Scott Von Bokel
Sold by Keller Williams Pinnacle, Patrice Tucker
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20%
1.6734328358209%
6.75%
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Maris

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Listing information courtesy of: Real Broker LLC

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