1450 -1460 Morgan Street
Swansea, IL 62226
Listed: November 21, 2024 (35 days)
Text for showing or question.

$1,650,000
MLS# 24071786
Commercial Sale
Status: Under Contract

1450 -1460 Morgan Street
Swansea, IL 62226

$1,650,000
Status: Under Contract
Text for showing or question.

Bedrooms

Beds

Bathrooms

Bath

7800

Sq Ft Above Grade

Sq Ft

1.07
Acres

MLS# 24071786

Days On Market: 35

Listed: Thursday November 21, 2024 (35 days)

Times this home has been viewed: 304

Prime investment opportunity! First time on the market in 30 years for two 12-unit apartment buildings in highly sought after park like location. This property features 21 two bedroom/one bath units, 3 one bedroom/one bath units, and ample parking on 1.07 acre lot close Scott AFB, Fairview Heights, Belleville, and MetroLink. 23 units currently rented with 1 one bedroom apartment available for immediate rental. Tenants pay water, sewer, and electric. Each building has coin operated laundry. 1460 Morgan has storage lockers for tenants. 10 x 12 storage shed on site for property manager use. Owner has meticulously maintained the property with routine maintenance as needed over the years. City of Swansea Occupancy inspections have been completed with each vacancy. Don't miss your chance to own a significant income asset with excellent potential. Properties to be sold together and not separately.

Property Description

Photo: 3