**3 Bedrooms | 2 Bathrooms | Sold AS IS**Here's an opportunity that doesn't come around often. Located in the highly sought-after LeClaire neighborhood of Edwardsville, 1308 Troy Rd is a 3-bedroom, 2-bathroom property being sold AS IS and packed with untapped potential. Whether you're a seasoned investor looking to add to your portfolio, a handy buyer ready to bring your vision to life, or a first-time purchaser willing to put in some sweat equity, this property presents a compelling chance to build value in one of the Metro East's most desirable communities.The main floor features two decent-sized bedrooms along with a functional layout that offers a solid foundation for anyone willing to put in the work. The bones are here - the rooms receive natural light and the floor plan moves logically from space to space. With some updating and personal touches, there's real opportunity to transform this main level into something that reflects your own style and goals. For investors, the layout lends itself well to a rental property that could attract tenants drawn to the neighborhood and the proximity to local amenities.Head upstairs and you'll find a finished second level that adds genuine versatility to the property. This space could function as a third bedroom, a home office, or a flexible-use area depending on the needs of future occupants. In a market where remote work and adaptable living spaces continue to drive buyer and renter interest, having this additional finished level is a notable advantage. It's usable square footage that adds to the property's overall appeal and potential return, whether you plan to flip, rent, or occupy.One of the biggest draws of this property is the basement. It already has a full bathroom in place, which is a significant head start for anyone looking to finish out the lower level. The rest of the basement is wide open and waiting for someone with vision. Think recreation space, home gym, or additional living area - the possibilities are broad, and the existing plumbing infrastructure means you're not starting from scratch. For investors running the numbers, the ability to add meaningful finished square footage at a reduced cost is exactly the kind of upside that makes a property like this worth serious consideration.Outside, the property offers practical features that add to its overall functionality. An attached carport provides covered parking, and alley access at the rear makes getting in and out straightforward. A shed on the property provides extra storage space. Additional improvements are Roof 2012, HVAC 2022, Hot Water Heater 2019, & bedroom flooring 2019. These aren't flashy features, but they're the kind of practical details that matter to buyers and tenants alike and contribute to the property's long-term value.Properties like this - sold AS IS in a premium location with room to add value - are exactly what sharp buyers and investors look for. The work that needs to be done is also the opportunity.
Listed By
Agency Name: RE/MAX Alliance
Shown By
Agent Name: RaShell Burke
Agent Phone: (660) 723-0414
Agency Title: Trophy Properties & Auction
Estimated Payment
$ 731.43 per month $378.12 Principal & Interest $303.75 Property Tax $49.55 Homeowner's Insurance
1308 Troy Road | MLS# 26022210
This single family home located at 1308 Troy Road, Edwardsville, IL 62025 is currently listed for sale with an asking price of $169,900. This property was built in 1940 and has 3 bedrooms and 2 full baths with 1260 sq. ft. Troy Road is located in the LeClaire subdivision within the Edwardsville DIST 7 school district. Search LeClaire real estate on rburke.trophypa.com today.