1460 Morgan Street
$1,650,000
—
7,800
7,800
$212
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...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.
- Listed by Betsy Butler • Re/Max Alliance
- Listed by Karen Marcus • Re/Max Alliance
Amenities
- Air Conditioning
- Forced Air
- Laundry
- Laundry in Building
- Parking Included
- Parking Lot
- Storage Shed
LISTING UPDATED: 11/21/2024 01:59 PM
Property Details for 1460 Morgan Street
Status | Active |
---|---|
MLS # | 24071786 |
Days on Market | 3 |
Taxes | $25,093 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Commercial Sale / Multi-Family 5+ |
Year Built | 1972 |
Lot Size | 1.07 AC / 46,609 SF |
County | St. Clair County |
Building Information for 1460 Morgan Street
Stories-Residences24Year Built1972Building Size-Lot Size1.07 AC / 46,609 SF
Property Information for 1460 Morgan Street
Property History for 1460 Morgan Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1460 Morgan Street
Taxable ValueLand$12,463Additions$138,439Total$150,902
Tax Record2023$12,904 ($1,075 / month)
Home Facts
Total Finished SqFt3,900 SqFtAbove Grade Finished SqFt3,900 SqFtLot Size30,928 SqFtStyleMulti-Family Res (5+ Units)Year Built1977CountyST. CLAIRAPN08-16-0-303-013
Schools near 1460 Morgan Street
This home is within Belleville Twp Hsd 201 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
High Mount Elementary School PublicPK to 8 | ||
Belleville Twp High School-Night/Alt School Public9 to 12 | ||
Belleville High School-West Public9 to 12 | ||
Belleville High School-East Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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