108-110 E Main ST new Save Request In-Person Tour Request Virtual Tour
Mascoutah,IL 62258
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,838 sqft
Price per Sqft $117
Subdivision Not In A Subdivision Or Complex
MLS Listing ID 25059710
Style Apartment Style
Year Built 1950
Annual Tax Amount $8,069
Lot Size 3,049 Sqft
Property Description
108-110 E Main St - a unique investment opportunity in the heart of downtown Mascoutah! This mixed-use 4-plex offers multiple income streams with plenty of upside potential. Two of the four units are currently occupied, with a long-term commercial tenant paying $950 per month and a one-bedroom residential tenant paying $750 per month. The main-level commercial space previously rented for $1,200 per month, and upstairs you'll find a spacious two-bedroom apartment ready for remodel - the perfect chance to add value and increase income ($1000+). With its prime location, strong rental history, and room for improvement, this property is an ideal fit for investors or an owner-occupant looking to build multiple streams of income. Potential for owner occupied!
Location
State IL
County St. Clair
Interior
Heating Forced Air,Natural Gas,Radiant
Cooling Central Air,Wall/Window Unit(s)
Flooring Carpet,Vinyl,Wood
Exterior
Parking Features false
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Available,Sewer Connected
View Y/N No
Roof Type Asphalt
Building
Story 2
Water Public
Structure Type Brick,Plaster
Schools
Elementary Schools Mascoutah Dist 19
Middle Schools Mascoutah Dist 19
High Schools Mascoutah
School District Mascoutah Dist 19
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Listing As Is,Standard