Multi-Family for Sale: 203 W Madison Street, Vandalia, IL 62471

3,013 sqft
$105,000
$105,000
203 W Madison Street, Vandalia, IL 62471
3,013 sqft
$105,000
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Price:
$105,000
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Type Multi-Family
Square Footage 3,013 sqft
Lot Size 0.14 acres
Year Built 1895
Assoc Fee Paid None
Taxes Paid $2,344
City Vandalia
County Fayette-IL
School District VANDALIA DIST 203
Subdivision N/A
MLS 24062703
Status Active
DOM 16 days
Check out this great income producing duplex located in Vandalia, IL. Several recent updates with the biggest being a new roof in 2023, new HAVC system installed in 2023 for one of the units, new water heaters in 2024 and 2019. Each unit has its own laundry hookups. One of the unique aspects about this property is the electric, gas, and water is separately metered so less work for the investor billing back tenants. Majority of windows are vinyl along with vinyl siding, this makes the exterior of the duplex easy to maintain. One unit is 3 bedrooms and 2 full baths. Second unit is 3 bedrooms and 1.5 baths. Rents have ranged from $700-$750 the past year. Property is vacant so new owner has their own choice of tenants. Run your own numbers any way you like and you will see this property is priced appropriately to start making income for the new owner once the units are leased. Any questions feel free to get in touch with me or your favorite agent. Property is being sold as-is.

Lot & Building Features

Appliances Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s)
Assoc Fee Paid None
Construction Vinyl Siding
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 76x80 ft

Community and Schools

Elementary School VANDALIA DIST 203
Junior High School VANDALIA DIST 203
Senior High School Vandalia

Price History of 203 Madison Street, Vandalia, IL

Date Name Price Difference
10/02/2024 Listing Price $105,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of The O'Laughlin Team
Listed by RE/MAX Alliance, Tyler Schmitt
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203 Madison Street (MLS #24062703) is a multi-family listing located in Vandalia, IL. This multi-family listing is 3,013 sqft and on a lot of 6,098 sqft (or 0.14 acres) and is 129 years old. This property was listed on 10/02/2024 and has been priced for sale at $105,000.

Maris

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Listing information courtesy of: RE/MAX Alliance

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