2329 Brown St Alton, IL 62002

Property Details for 2329 Brown St

Year built

1940

Lot size

0.49 lot acres

Property type

Commercial real estate

Description

This exceptional investment opportunity encompasses three fully furnished properties in Alton, Illinois, presenting a turnkey operation with proven income generation. The properties, located at 2329 Brown Street, 3409 Badley Street, and 3602 Coronado Drive, are currently generating revenue through a mix of short-term and mid-term leases. Each property is completely furnished, including all kitchen appliances and washer/dryer units, minimizing the need for immediate capital expenditure by the new owner. The combined properties sit on a sizable 0.49-acre lot, offering potential for future expansion or development. This established income-producing portfolio is an ideal acquisition for investors seeking a hands-off, immediately profitable venture. The current lease agreements provide a stable revenue stream, making this a low-risk, high-reward investment. Financial details and lease agreements are available upon request. This is a rare opportunity to acquire a well-established, multi-property investment in a desirable location. The properties are ready for immediate occupancy by tenants, ensuring a seamless transition for the new owner. Serious inquiries only. The asking price for this exceptional investment is $339,000.

Location Insight

City

Alton

County

Madison-IL

State

Illinois

Longitude

-90.1515

Latitude

38.89986