Apartment Style
1111 Arrowhead Drive
Collinsville, IL 62234
MLS#: 26042474
$410,000
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1995
Sq.Footage
N/A
Welcome to your next investment opportunity! This newly renovated six-unit apartment building offers strong income potential with five beautifully updated units and one value-add opportunity. Recent upgrades include luxury vinyl plank flooring, stainless steel appliances, granite countertops, new tubs with tub surrounds, and other modern finishes in five of the six units. The remaining unit is occupied by a long-term legacy tenant paying below-market rent, so there is room to increase the rent in the future. Conveniently located near schools, shopping, restaurants, everyday amenities, and I-64. Whether you're looking to expand your real estate portfolio or invest in a property with both immediate cash flow and upside potential, this apartment building is one you won't want to miss. Buyer to independently verify all MLS information. Schedule your showing today!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Central Air
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick Veneer, Vinyl Siding
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.28
-
Lot Size(square feet)
12,196
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Apartment Style
Price
-
Sales Price
$410,000
-
Tax Amount
$6,593
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
COLLINSVILLE DIST 10
-
Middle School
COLLINSVILLE DIST 10
-
High School
Collinsville
Property Features
-
New Construction
NO
-
Ownership
Private
-
Senior Community YN
NO
-
Water Source
Public
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Location
County
St. Clair
Elementary School
COLLINSVILLE DIST 10
Middle School
COLLINSVILLE DIST 10
High School
Collinsville
Listing Courtesy of Hallie Drew , RE/MAX Results Realty
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AGENT
Franko Maric
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