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320 W H Street
Belleville IL 62226 US

$500,000

Active Listing ID 24073225
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Lot: 0.31 Acres
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Other

$500,000

Active Listing ID 24073225
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320 W H Street 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!

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Property Features

  • Facts
  • Lot Size: 0.31 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Forced Air

School Information

  • School
  • BELLEVILLE DIST 118(Elementary)
  • BELLEVILLE DIST 118(MiddleSchool)
  • Belleville High School-East(HighSchool)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 500000
  • unparsedaddress: 320 W H Street
  • postalcity: Belleville
  • stateorprovince: IL
  • country: US
  • postalcode: 62226
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.31
  • lotsizeunits: Acres
  • lotsizearea: 0.31
  • livingarea: 5760
  • livingareaunits: Square Feet
  • latitude: 38.522566
  • longitude: -89.989358
  • listagentfullname: Christopher Kelly
  • listagentemail: chrisk2413@gmail.com
  • listagentkey: 3yd-MARISMO-CHMKELLY
  • listagentmlsid: CHMKELLY
  • listagentpreferredphone: 3144457436
  • listagentofficephone: 4235891
  • listofficekey: 3yd-MARISMO-RLBK
  • listagentstatelicense: 475.178639
  • listofficemlsid: RLBK
  • disclaimer: Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MARISMO
  • yearbuilt: 1978
  • listagenturl: https://www.onereal.com
  • countyorparish: St Clair-IL
  • parcelnumber: 08-21.0-216-030
  • elementaryschool: BELLEVILLE DIST 118
  • highschool: Belleville High School-East
  • elementaryschooldistrict: Belleville DIST 118
  • middleorjuniorschooldistrict: Belleville DIST 118
  • highschooldistrict: Belleville DIST 118
  • constructionmaterials: Brick, Brick Veneer, Vinyl Siding
  • heating: Forced Air
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -89.98936, 38.522568
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"chrisk2413@gmail.com", "ListBrokerageCity":"Naperville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"ilbroker@therealbrokerage.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Real Broker, LLC", "ListBrokeragePhone":"(855) 450-0442", "ListBrokeragePostalCode":"60540", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"50 S Main St, Ste 200", "ListBrokerageWebsiteUrl":"https://www.onereal.com", "ListOfficeAddress1":"50 S Main Street Suite 200", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"JOBARNAK", "ListOfficeCity":"Naperville", "ListOfficeCountry":"US", "ListOfficeEmail":"support@joinreal.com", "ListOfficePostalCode":"60540", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Multi-Family 5+ - Belleville, IL", "ListingURL":"https://listings.listhub.net/pages/MARISMO/24073225/?channel=rexren", "MLSModificationTimestamp":"2024-12-02T12:47:04Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11050, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 12/2/2024 8:13:35 PM GMT
Source Updated Date: 12/4/2024 6:52:30 AM GMT

Courtesy of: Christopher Kelly, Real Broker LLC, chrisk2413@gmail.com

Copyright © 2024 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.