2516 & 2520 Eastview, Belleville, IL 62221
- $665,000
- 7,280
- SqFt
- List Price
- $665,000
- Days on Market
- 1
- 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 fenced patio area, and the property provides ample off-street parking. The two brick buildings total approximately 7,280 SF and are currently 7 of 8 units occupied, with the vacant unit available for showings. Current monthly rents range from $750-$1,050, providing an attractive existing rent roll with potential for additional income as leases turn over. Utilities are paid by tenants. Major exterior improvements include new roofs, gutters, fascia and soffits in 2021, along with newer privacy fencing. Several units have also been extensively remodeled. Offered as a package at $665,000. One vacant unit will be available to tour; occupied units may be viewed following an accepted contract. Rent roll and additional property information available upon request.
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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
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Listing courtesy of Kunkel Wittenauer Group, Inc.
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified
