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Image 1 - 404 Spring Avenue, Collinsville, IL 62234, USA - Duplex for sale

Image 2 - 404 Spring Avenue, Collinsville, IL 62234, USA - Duplex for sale

Image 3 - 404 Spring Avenue, Collinsville, IL 62234, USA - Duplex for sale

Multi-Family 2-4

404 Spring Avenue, Collinsville, IL 62234, USA

Multi-Family 2-4

duplex for sale

24 views

Listed: 02/13/23

404 Spring Avenue, Collinsville, IL 62234, USA

Studio Bed:

1 Bath:

2,618 Sq Ft Living Area:

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Price

$ 140,000

Show 1 more

About This Duplex

Great investment opportunity - Duplex412-414Spring. Each unit has 1 beds and 1 bath. Both units are rented. 412 is leased through3/31/23 @ $825/month 414 is on a month to month (at will) @ $570/month = $1, 395/mo and$16, 740/yr. No showings until accepted contract.There is alley access to parking in the rear. Housing provider gives $100 discount for paying rent on-time. These numbers reflect the discount, assuming all rents are paid on time.Ask your agent for the list of additional investment properties available. They can be found in the listing supplements. 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
Oven
Refrigerator
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.