Cathy Armfield - STL 1 Homes Realty Logo
$285,500
 $1,533 est/mo Sourced by Back At You

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Description

Unique investment opportunity to buy a 6 Family building. Six one bedroom units in great condition. 100% rented. Market rents are about $650, Well-maintained. Newer thermal windows in back. Storm doors. Newer front porches. Updated electric. Full basement. Tenants have access to basement for their electrical boxes, but not for storage. Spacious back yard. Excellent investment opportunity!! Priced below market value. One unit is available for viewing currently with the other upon contract

Details

MLS #26057997
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site49
Listing Provided ByFusion Realty, LLC | Kevin Wrigley

Features

SQ Feet2,470
BasementY
Story(s)1
Units6
Building(s)1
Acreage0.30

Interior

CoolingWindow Unit(s)
HeatingBaseboard

Exterior

Construction MaterialsVinyl Siding

Parking

Garage Yes / NoNo
Attached Garage Yes / NoNo

Location

Senior Community Yes / NoNo

Utilities

ElectricAmeren

Taxes

Property4181

Area Information

StateIL
CountyMadison
CityGranite City
Zip Code62040
Community NameKensington Place
School DistrictGranite City
Elementary SchoolGRANITE CITY DIST 9
High SchoolGranite City
Listing VS Median (in Kensington Place)
Price:
$285,500
low | high
Med:
$285,500
50% of Average
sqft:
2,470
low | high
Med:
2,470
50% of Average
$ / sqft:
$116
low | high
Med:
$116
50% of Average
On site:
49
low | high
Med:
49
100% of Average
Sourced by Back At You

Market Activity 62040

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Additional Information

Showing Information

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 Listings courtesy of Maris MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of October 27, 2026 at 6:23:49 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Contact

Learn More About This Property

Cathy Armfield

Cathy Armfield

STL 1 REALTY

SFR, SRES, ACP (314) 221-0956carmfield@stl1homes.com
StateIL
CountyMadison
CityGranite City
Zip Code62040
Community NameKensington Place
School DistrictGranite City
Elementary SchoolGRANITE CITY DIST 9
High SchoolGranite City
Listing VS Median (in Kensington Place)
Price:
$285,500
low | high
Med:
$285,500
50% of Average
sqft:
2,470
low | high
Med:
2,470
50% of Average
$ / sqft:
$116
low | high
Med:
$116
50% of Average
On site:
49
low | high
Med:
49
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:07:16 PM PDT

Cathy Armfield - STL 1 Homes Realty