RE/MAX Results Commercial Division
Click Here to See
Our Office Locations

1450 -1460 Morgan Street

Swansea, IL 62226

Property Overview
Price: $1,650,000
City: Swansea
County: St Clair-IL
Sale/Lease: Sale
Status: Active
MLS Number: 24071786
Property Description
Prime investment opportunity! First time on the market in 30 years for two 12-unit apartment buildings in highly sought after park like location. This property features 21 two bedroom/one bath units, 3 one bedroom/one bath units, and ample parking on 1.07 acre lot close Scott AFB, Fairview Heights, Belleville, and MetroLink. 23 units currently rented with 1 one bedroom apartment available for immediate rental. Tenants pay water, sewer, and electric. Each building has coin operated laundry. 1460 Morgan has storage lockers for tenants. 10 x 12 storage shed on site for property manager use. Owner has meticulously maintained the property with routine maintenance as needed over the years. City of Swansea Occupancy inspections have been completed with each vacancy. Don't miss your chance to own a significant income asset with excellent potential. Properties to be sold together and not separately.
Location
Featured Agent
Daun Gooding Holdmeyer
Advanced Search
State
Sale / Lease
Price
County / Counties
Zip Code(s)
Property Type(s)
Listing Brokered by Re/Max Alliance
^