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Kim Banovz

kim@cisler.com +1(618) 670-1910

$ 450,000

Est. payment -/mo

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108-110 E Main ST Mascoutah, IL 62258

3,838 SqFt

UPDATED:

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

Acres 0.07

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

Rooms

Basement Cellar, Storage Space, Sump Pump

Interior

Interior Features High Ceilings, Storage

Heating Forced Air, Natural Gas, Radiant

Cooling Central Air, Wall/Window Unit(s)

Flooring Carpet, Vinyl, Wood

Fireplace N

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

Level or Stories Two

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

Listed by Michaela Patterson • Strano & Associates

Kim Banovz

Broker | License ID: 475.209182

+1(618) 670-1910

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