x
Showing 1 of 0
X
Save

1450 -1460 Morgan Street
Swansea IL 62226 US

$1,650,000

Active Listing ID 24071786
lot icon
Lot: 1.07 Acres
home icon
Other

$1,650,000

Active Listing ID 24071786
Save

1450 -1460 Morgan Street 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.

Collapse all

Property Features

  • Facts
  • Lot Size: 1.07 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

School Information

  • School
  • HIGH MOUNT DIST 116(Elementary)
  • HIGH MOUNT DIST 116(MiddleSchool)
  • Belleville High School-West(HighSchool)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1650000
  • unparsedaddress: 1450 -1460 Morgan Street
  • postalcity: Swansea
  • stateorprovince: IL
  • country: US
  • postalcode: 62226
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.07
  • lotsizeunits: Acres
  • lotsizearea: 1.07
  • livingarea: 7800
  • livingareaunits: Square Feet
  • latitude: 38.533879
  • longitude: -89.997683
  • listagentfullname: Betsy Butler
  • listagentemail: betsy.j.butler@gmail.com
  • listagentkey: 3yd-MARISMO-BUTLB
  • listagentmlsid: BUTLB
  • listagentpreferredphone: 6189722225
  • listagentofficephone: 6562111
  • listofficekey: 3yd-MARISMO-RALL02
  • listagentstatelicense: 475122514
  • listofficemlsid: RALL02
  • disclaimer: Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1972
  • listagenturl: http://www.MetroEastLiving.com
  • countyorparish: St Clair-IL
  • parcelnumber: 08-16.0-303-012, 08-16.0-303-013
  • elementaryschool: HIGH MOUNT DIST 116
  • highschool: Belleville High School-West
  • elementaryschooldistrict: High Mount DIST 116
  • middleorjuniorschooldistrict: High Mount DIST 116
  • highschooldistrict: High Mount DIST 116
  • constructionmaterials: Brick, Brick Veneer, Concrete
  • heating: Forced Air
  • numberofunitstotal: 24
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Guest, Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.99768, 38.53388
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Alliance", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"betsy.j.butler@gmail.com", "ListBrokerageCity":"Collinsville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rick@metroeastliving.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RE/MAX Alliance", "ListBrokeragePhone":"(618) 345-2111", "ListBrokeragePostalCode":"62234", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":"Suite M", "ListBrokerageUnparsedAddress":"1099 Beltline Rd.", "ListBrokerageWebsiteUrl":"http://www.MetroEastLiving.com", "ListOfficeAddress1":"1121 University Drive", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"OWENT", "ListOfficeCity":"Edwardsville", "ListOfficeCountry":"US", "ListOfficeEmail":"Tammy@GatewayHomeTeam.com", "ListOfficePostalCode":"62025", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family 5+ - Swansea, IL", "ListingURL":"https://listings.listhub.net/pages/MARISMO/24071786/?channel=rexren", "MLSModificationTimestamp":"2024-11-21T13:59:04Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":25093, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/21/2024 9:14:19 PM GMT
Source Updated Date: 11/26/2024 6:52:36 AM GMT

Courtesy of: Betsy Butler, Re/Max Alliance, betsy.j.butler@gmail.com

Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.