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1612 California AVE Collinsville, IL 62234
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Key Details
Sold Price $532,500
Property Type Multi-Family
Sub Type 5 Family or More
Listing Status Sold
Purchase Type For Sale
Square Footage 6,620 sqft
Price per Sqft $80
MLS Listing ID 25020580
Sold Date 07/15/25
Year Built 1950
Lot Size 1.350 Acres
Acres 1.35
Lot Dimensions irregular
Property Sub-Type 5 Family or More
Property Description
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!
Location
State IL
County Madison
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Fireplace N
Appliance Gas Water Heater
Exterior
Parking Features false
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Collinsville Dist 10
Middle Schools Collinsville Dist 10
High Schools Collinsville
School District Collinsville Dist 10
Others
Ownership Private
Acceptable Financing Cash, Conventional, FHA, VA Loan, Other
Listing Terms Cash, Conventional, FHA, VA Loan, Other
Special Listing Condition Standard
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Bought with Jan Fiss