1322 Leland St Collinsville, IL 62234
Triplex outside Collinsville limits, all units occupied, investment opportunity.
Property size:
1,950 SFLot size:
0.46 AcresProperty Features for 1322 Leland St
General Information
- Size
- 1,950 SF
- Lot size
- 0.46 Acres
Building Details
- Year built
- 1970
Source:
Kw
Listing Agent: Jr
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Triplex Investment Opportunity
This triplex presents a quality investment opportunity located outside the city limits of Collinsville. All three units are currently occupied. Each unit offers approximately 620 square feet of living space. All units feature two bedrooms and one full bathroom. Unit A, a two-bedroom unit, is leased for $850 per month with a lease signed in July for two years. Unit B, a one-bedroom unit, is leased for $500 per month until July 2026. Unit C, a two-bedroom unit, is leased for $850 per month until December 2025. Each tenant is responsible for their own water, gas, and electric accounts. The property includes two septic systems. Ranges and refrigerators are provided by the owner, while window air conditioning units are owned by the tenants. There is a possible package deal available with 121 W. Washington and 221 Hesperia, both located in Collinsville and under the same ownership and management.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Collinsville
- County
- Madison
- State
- Illinois
- Longitude
- -89.961494
- Latitude
- 38.683917
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FAQs
What type of property is this?
Triplex - Triplex outside Collinsville limits, all units occupied, investment opportunity.
Where is this triplex located?
The property is located at 1322 Leland St Collinsville, IL.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: - All 3 units are currently occupied, providing immediate rental income.; - Two units are 2-bedroom, 1-bath, renting for $850 each.; - Tenants are responsible for their own water, gas, and electric bills.