Prime Investment Opportunity in the Heart of Belleville located just minutes from the square. This 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!
Closed
Listing Provided by:
Christopher M Kelly 314-445-7436,
Real Broker LLC
Bought with: eXp Realty
$320,000
320 W H St, Belleville, IL 62226
3beds
2baths
5,760sqft
Multi Family
Built in 1978
-- sqft lot
$-- Zestimate®
$56/sqft
$1,359 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 28, 2025 at 06:01pm
Listing Provided by:
Christopher M Kelly 314-445-7436,
Real Broker LLC
Bought with:
Jake L Kline, 475184727
eXp Realty
Source: MARIS,MLS#: 24073225
Originating MLS: Southwestern Illinois Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Other, Common Area
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 5,760
- Total interior livable area: 5,760 sqft
- Finished area above ground: 5,760
Property
Parking
- Parking features: Assigned, Open, Parking Lot
- Has uncovered spaces: Yes
Lot
- Size: 0.31 Acres
- Dimensions: 315*125
Details
- Parcel number: 0821.0216030
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Low/1-2
- Property subtype: Multi Family
Materials
- Brick Veneer, Vinyl Siding
Condition
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Belleville
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Private