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1238 Brown Street , Alton, IL 62002

$165,000
  • 1238 Brown Street , Alton, IL 62002 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,442 MLS#26043344
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOaknoll Anx SCHOOLAlton DIST 11

Property Description

Don't miss this outstanding opportunity to own a well-maintained 4-unit apartment building in one of Alton's most convenient locations! Whether you're a first-time investor looking to house hack or a seasoned investor seeking a solid addition to your portfolio, this property checks all the boxes.This 2,442-square-foot quadplex features four 1-bedroom, 1-bathroom apartments, each offering a spacious bedroom and functional floor plan that appeals to long-term tenants.A major advantage is that one unit is currently vacant, allowing an owner-occupant to move in and significantly offset their housing expenses while building equity-or lease it immediately to maximize cash flow.Property Highlights Quadplex with 4 total units Each unit: 1 bedroom, 1 bathroom 2,442 total square feet Large bedrooms in every apartment One vacant unit-ideal for owner-occupants or immediate leasing Excellent opportunity for both new and experienced investors Strong rental demand in a desirable locationPrime LocationConveniently situated just: 1 mile from the SIU School of Dental Medicine, providing consistent rental demand from students, faculty, and staff. 1 block from Alton Memorial Hospital, making it an attractive option for healthcare professionals and hospital employees. Minutes from historic downtown Alton's shopping, dining, entertainment, and riverfront attractions.Whether you're looking to expand your investment portfolio or take advantage of the benefits of house hacking, 1238 Brown St offers location, flexibility, and long-term income potential in one attractive package.Schedule your private showing today and discover the possibilities this income-producing property has to offer!

1238 Brown Street | MLS# 26043344

This multi-family property located at 1238 Brown Street , Alton, IL 62002 is currently listed for sale with an asking price of $165,000. Brown Street is located within the Alton DIST 11 school district. Search Alton real estate on aranderson.strano.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall/Window Unit(s)
Heating: Forced Air
Home Style: Traditional
Lot Size: 0.18 Acres
Taxes: $2,572
Year Built: 1925

Feature Descriptions

Appliances: Water Heater
Exterior: Unknown
Parcel#: 23-2-07-12-16-401-038
SQFT. Above Grade: 2442
Units: 4
Water: Public

Local Schools

High School: Alton
Middle School: ALTON DIST 11
Elementary School: ALTON DIST 11
School District: Alton DIST 11

Listed By / Shown By

Listed By

Agency Name: Landmark Realty

Shown By

Agent Name: Alex Rose Anderson
Agent Phone: (618) 593-2002
Agency Title: Strano & Associates

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Estimated Payment

$ 629.68 per month $367.22 Principal & Interest $214.33 Property Tax $48.13 Homeowner's Insurance

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