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About the Listing E006 - BECKG
Turnkey income-producing opportunity in Bethalto, IL with immediate cash flow and value-add upside. This well-maintained 3-unit property is ideal for investors seeking a mix of stability and growth. The main house features durable updates including newer siding and windows, and is thoughtfully divided into two units: a spacious 2-bedroom, 1-bath main level unit, and a 1-bedroom, 1-bath upper unit with a bonus room—perfect for increasing rental appeal and flexibility. A full basement provides additional storage and utility space, enhancing tenant convenience The standout feature is the detached carriage house—a fully remodeled, two-level unit offering 1 bedroom and 2 bathrooms. This unique layout commands strong rental interest and premium potential compared to typical 1-bedroom units. All units include private laundry—a highly desirable amenity that supports tenant retention and higher rents. Appliances are included as noted, minimizing upfront costs for a new owner. With two units already occupied, you’ll benefit from immediate income while retaining the opportunity to optimize rents or owner-occupy one unit. The expense structure is straightforward: owner covers water, sewer, and trash, while tenants pay gas and electric, helping maintain predictable operating costs. Whether you’re expanding your portfolio or entering the multifamily market, this property offers a compelling combination of current returns, tenant-friendly features, and long-term upside.
Listing Highlights
Status
Active
Days on Site
31
Property Type
Multi-Family
MLS ®
26015888
Year Built
1945
Total Square Footage
2,520
Lot/Acreage
0.22
County
Madison
Neighborhood
First Add
School District
Bethalto DIST 8
Elementary School
Bethalto Dist 8
Middle School
Bethalto Dist 8
High School
Bethalto
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Central Air,Window Unit(s)
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $3,533
- Taxes w/Assessments: N/A
- Tax/Property ID: 15-2-09-07-05-103-002
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
411 Sheridan St Bethalto, IL 62010
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