Two Multi-Family Apartment Buildings for Sale
$475,000
Listing Resources
Listing Description
Multi-Family Investment Opportunity
Two Apartment Buildings for Sale. Each Building has (4) 1 Bed/1 Bath Units.
Both are 2-Story all Brick Buildings. 4 Units have private garages.
Reduced Sale Price: $475,000
CAP Rate: 9%
Listing Details
Listing No : 2725
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Sale Price : $475,000
CAP Rate : 9%
GRM : 7.66
NOI : $43,310
Parcel No : 08-08.0-101-020-003
Zoning : Multi-Family
Zoning By : City of Belleville
Parking : 16
Property Tax : $9,722
Tax Year : 2022
Year Built : 1970
Roof : Shingle
Exterior : Brick
Total Units : 8
Gross Rental Income : $61,936
Insurance : $2,500
CAM : $3,400
Utilities : $3,000
-
Paul
Murphy
Designated Managing Broker - Office: 618-277-4400 Ext. 12
- Mobile: 618-954-9901
- paul@barbermurphy.com