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1 Georgetown Drive

Pontoon Beach IL 62040

4950 sq. ft.
18417.17 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Package Deal. 1 and 3 Georgetown Drive, Granite City, IL 62040 Turnkey cash flow from day one with two fully occupied 4-unit buildings. Strong rental history with professional property management in place. Eight total units, all leased. Recent updates include new roofs and partial siding improvements. Both buildings are well-maintained and located in a high-demand rental area. Immediate income and potential for future rent increases as well as value-add improvements. Interior photos shown are prior to tenant being occupied. Just a quick drive to Edwardsville from this convenient location. Seller pays water, sewer and trash. Call your agent today.

Features

4950 sq. ft. floor area
18417.17 sq. ft. lot size
Multi-Family

Property history for 1 Georgetown Drive

2021
Sold
$500,000
29 Nov 2021

Happy sellers in Pontoon Beach

95%
95% of sellers in Pontoon Beach reported that their sale price either exceeded or met their price expectations.

Pontoon Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Pontoon Beach over the last 12 months.

Local market activity for multi families in Pontoon Beach

In the last 12 months, 11 multi families similar to 1 Georgetown Drive, have been sold.

This represents a 50% increase in multi families sales when compared to the previous 12 months.

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