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Image 1 - 301 Brown Avenue, Collinsville, IL 62234, USA - Duplex for sale

Image 2 - 301 Brown Avenue, Collinsville, IL 62234, USA - Duplex for sale

Multi-Family 2-4

301 Brown Avenue, Collinsville, IL 62234, USA

Multi-Family 2-4

duplex for sale

27 views

Listed: 02/13/23

301 Brown Avenue, Collinsville, IL 62234, USA

Studio Bed:

1 Bath:

1,552 Sq Ft Living Area:

Save

Price

$ 140,000

About This Duplex

Great investment opportunity - 2 Story Duplex (301 Brown Ave and 303 Brown Avenue). Each unit has 2 beds and 1 bath. Currently both side are rented. 301 leased through3/31/23at $950/mo. 303 leased through7/31/23at $895/mo. That$1, 845/mo and$22, 140/year. Still procuring Expenses so Net Income estimated as Gross Rent minus taxes, will be updating. Pricing change was an agent entry error. Alley access with parking in the rear. No showings until accepted contract. Arrangements will be made for buyer to access all units and do any inspections they desire within 7 days. Seller to make no repairs.

Property Includes

Parking
Air Conditioning
Heating Forced Air

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Collinsville Housing & Living

Household Income

Median household income: $51,968

Number of households: 10,532

The average household income in Collinsville, IL declined from $52,675 to $51,968 in the past year. This data is an estimate based upon 10,532 households in Collinsville, IL.
The chart below presents how household income is distributed in Collinsville, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Collinsville, IL compared to median property taxes around the country. The prevalent amount of property taxes in Collinsville, IL equals $3k+ , which is less than the national average.