Mixed-Use Investment Property
$549,000
Listing Resources
Listing Description
Well maintained mixed use investment property consisting of 2 commercial tenants, 7 apartments (single family) and 1 warehouse. All are on 1 parcel.
10% Vacancy (Single Family Apartment). New AC and RTU’s. Unit Interiors Recently Renovated.
SALE PRICE: $549,000
CAP Rate: 8.2% – NOI: $44,994
Listing Details
Settings
Listing No : 1816
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family, Office, Office - General Office, Retail, Retail - Store Front Retail
Sale Price : $549,000
CAP Rate : 8.20%
NOI : $44,994
Parcel No : 08-21.0-427-016
Zoning : B-2
Zoning By : City of Belleville
TIF : Yes
Enterprise Zone : Yes
Property Tax : $6,690.24
Tax Year : 2022
Year Built : 1970
Class : C
Exterior : Brick/Siding
Floors : 1
Gross Rental Income : $75,360
Insurance : $7,655
CAM : $2,500
Utilities : $7,521
Property Management : $6,000
-
Mike
Durbin
- Office: 618-277-4400 Ext. 39
- Mobile: 618-960-8675
- miked@barbermurphy.com