$320,000.00
Belleville, IL 62226
- 0.15 Acres
- St. Clair County
Description
Prime Investment Opportunity in the Heart of Belleville located just minutes from the square. This well-maintained property features eight units: four spacious one-bedroom apartments and four comfortable two-bedroom apartments offering flexibility to any potential renter's living situation. Tenants enjoy the convenience of coin-operated laundry and ample parking, all while benefiting from the property’s private, tucked-away setting. Current rents are significantly below market, offering savvy investors an exceptional opportunity to increase cash flow and build equity quickly. Owner covers W/S/T Cap rate: 6.46% Rents: 775, 675, 650, 775, 650, 648 (sec 8 assisted), 650, 775. Whether purchased individually or as part of a package (see MLS#24073225), this property is poised for growth. Don’t miss out on this incredible chance to expand your portfolio!
Key Features
- Property Type Multi-Family, Residential Income
- Acres 0.15 Acres
- Minerals Call for more info
- MLS # 24073227
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Listing #24073227 Courtesy of Real Broker LLC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.
