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!
Great opportunity on a unique 5-unit multi-family investment property. 3 buildings located on nearly 1.5 acres. The middle building consists of two 2 bedroom townhomes and one 3 bedroom townhome. The front building is a 2 bedroom detached home. The rear building is a 3 bedroom detached home with a walkout basement. Entire interiors and exteriors of all 3 buildings underwent extensive remodeling in 2020. New mechanicals (HVAC, water heaters, electrical, and gas lines) and quality finishes in all units. This property has several long-term tenants and generates great revenue with the luxury of having all the heavy lifting maintenance items taken care of. A landlords dream!

Collinsville is located in Illinois. Collinsville, Illinois has a population of 24,627. Collinsville is more family-centric than the surrounding county with 31.13% of the households containing married families with children. The county average for households married with children is 30.51%.
The median household income in Collinsville, Illinois is $60,793. The median household income for the surrounding county is $66,882 compared to the national median of $69,021. The median age of people living in Collinsville is 38.7 years.
The average high temperature in July is 89.1 degrees, with an average low temperature in January of 22 degrees. The average rainfall is approximately 42.9 inches per year, with 12.9 inches of snow per year.