Prime Investment Opportunity in the Heart of Belleville!
Discover the potential of this predominantly brick multifamily gem, ideally located just minutes from the Belleville 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: 5.96% Rents: 765, 575, 503 (sec 8 assisted), 675, 630 (sec 8 assisted), 675, 675, 775
Whether purchased individually or as part of a package (see MLS#:24073227), this property is poised for growth. Don’t miss out on this incredible chance to expand your portfolio!
320 H Street (MLS #24073225) is a multi-family listing located in Belleville, IL.
This multi-family listing is 5,760 sqft and on a lot of 13,504 sqft (or 0.31 acres) and is 46 years old. This property was listed on 12/02/2024 and has been priced for sale at $500,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
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Listing information courtesy of: Real Broker LLC
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