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316 N 2nd Street

Belleville, IL 62220
  • $299,000
  • STATUS: Active Under Contract
  • ON SITE: 28 Days
  • ID#: 22018400
Under Contract
UPDATED: 117 min ago
$299,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,800
    SQFT
  • $62
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1954
County:

School Information

Elementary School:
Middle School:
School District:

Description

Rare investment opportunity minutes from downtown Belleville! Nearly $80,000 in recent updates and repairs! This 12 unit complex offers 4 one-bedroom units and 8 studio units, coin-operated laundry and on-site parking. Six of the units have been fully renovated with 1 just leased at $600/month and the other five ready for new tenants! Other updates include new electric panels, sewer line, subfloor, common entrance flooring & paint, drainage improvements and new coin-operated washer. Owner pays washer, sewer & trash for each unit and electric for 1 additional tenant. Don't miss out on this investor dream and call your favorite agent today to view!

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-05-24T23:39:12.273.

Friend Real Estate | eXp Realty: 573-207-6033
www.teamfriendhomes.com/homes/128061171
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316 N 2nd Street Belleville, IL 62220

  • Price: $299,000
  • Status: Active Under Contract
  • On Site: 28 Days
  • Updated: 117 min ago
  • ID#: 22018400
0
Beds
0
Baths
0
½ Baths
0.18
Acres
4,800
SQFT
$62
$/SQFT
1954
Built
Neighborhood:
Belleville
County:
St Clair
Elementary School:
Belleville Dist 118
Middle School:
Belleville Dist 118
High School:
Belleville High School-East
School District:
Belleville Dist 118
Property Description
Rare investment opportunity minutes from downtown Belleville! Nearly $80,000 in recent updates and repairs! This 12 unit complex offers 4 one-bedroom units and 8 studio units, coin-operated laundry and on-site parking. Six of the units have been fully renovated with 1 just leased at $600/month and the other five ready for new tenants! Other updates include new electric panels, sewer line, subfloor, common entrance flooring & paint, drainage improvements and new coin-operated washer. Owner pays washer, sewer & trash for each unit and electric for 1 additional tenant. Don't miss out on this investor dream and call your favorite agent today to view!
Exterior Features

Attached Garage YN No Construction Materials Stucco Lot Size Dimensions 110 X 160 Lot Size Source County Records Parking Features Accessible ParkingOn StreetParking LotUnassigned

Interior Features

Above Grade Finished Area Source Other Cooling Wall Unit(S) Heat Source Electric Heating BaseboardIndividual Furnaces Heating YN Yes Laundry Features Coin Operated

Property Features

Association Realtor Association Of Southwestern Illinois Builder Model Mid-Rise 3Or4 Story Disclosures UnknownCode Compliance ReqdFlood Plain NoOccupancy Perm ReqSellers Discl. Avail Inclusions Building & Land Net Operating Income 20445 Possession Close Of EscrowSubject To Tenant Rights Property Condition None Property Sub Type Multi-Family 5+ Property Sub Type Additional Apartment Complex Sewer Public Sewer Special Listing Conditions No ExemptionsNone Tax Annual Amount 5116 Tax Year 2020 Tenant Pays Electricity Transaction Type Sale Water Source Public

Listing provided courtesy of Keller Williams Pinnacle. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-05-24T23:39:12.273.

Friend Real Estate | eXp Realty: 573-207-6033
 
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