2516 & 2520 Eastview, Belleville, IL 62221

$645,900
7,280
SqFt

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List Price
$645,900
Price Change
▼ $19,100 1792533608
Days on Market
70
MLS#
26052458
Status
ACTIVE
Living Sq. Ft
7,280
Lot Size
1,177,426,800
Acres
27030
Year Built
1978
Subdivision
Not in a Subdvision
County
St. Clair
Listing Type
Multifamily

Property Description

Excellent opportunity to acquire an 8-unit multifamily investment consisting of two four-unit buildings at 2516 & 2520 Eastview Drive in Belleville. All eight units feature a desirable two-story layout with 2 bedrooms and 1.5 baths, including a full kitchen, main-level living room and half bath, two upstairs bedrooms and a full bath. Each unit also offers its own patio area, and the property provides ample off-street parking. The two brick buildings total approximately 7,280 SF and are currently 100% occupied, with all 8 units leased. Current monthly rents range from $750-$1,050, with current total monthly rent of $7,550 and annual rent of $90,600. Utilities are paid by tenants. Major exterior improvements include new roofs, gutters, fascia and soffits in 2021, along with newer privacy fencing on some patios. Several units have also been extensively remodeled. Offered as a package at $645,900. Occupied units may be viewed following an accepted contract. Rent roll and additional property information available upon request.

Additional Information

School District
Belleville DIST 118
Elementary School
BELLEVILLE DIST 118
Jr. High School
BELLEVILLE DIST 118
Sr. High School
Belleville High School-East
Parking Description
Paved
Cooling
Central Air
Heating
Forced Air
Water
Public
Selling Terms
Cash, Conventional

Listing courtesy of Jeff Franke. Kunkel Wittenauer Group, Inc

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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