Outdated Browser

Some features of this site may not be available with your current browser.
In order to receieve the best experience, please update to a newer browser.

618-277-4400

Multi-Family Investment Opportunity

$899,500

Listing Resources

Listing Description

Excellent investment opportunity. 36 Unit, 1 Bedroom / 1 Bathroom Apartment building Available for sale. Easy access to multiple Metro Bus Locations. Laundry facility in Building.

Sale Price: $899,500

Listing Details

Settings
Listing No : 2035
Sale Or Lease : For Sale
Property Type(s) : Investment, Multi-Family
Building Size (Sqft) : 23,208 Sqft
Lot Size (Acres) : 0.69 Acre(s)
Total Sqft Available : 23,208 Sqft
Min Acres Available : 0.69 Acre(s)
Max Acres Available : 0.69 Acre(s)
Sale Price : $899,500
CAP Rate : 11.87%
GRM : 4.98
NOI : $106,804.43
Building Total Sqft : 23,208 Sqft
Total Sqft Available : 23,208 Sqft
Min Divisible Sqft : 23,208 Sqft
Max Contiguous Sqft : 23,208 Sqft
Heating : Electric Base Boards
Cooling : Window A/C Units
Parcel No : 08-17.0-407-088
Zoning : Multi-Family
Zoning By : Belleville
Property Tax : $20,976.64
Tax Year : 2017
Exterior : Brick/Frame
Floors : 2
Total Units : 36
Total Acres Available : 0.69 Acre(s)
Min Divisible Acres : 0.69 Acre(s)
Acres : 0.69 Acre(s)
Gross Rental Income : $180,600
Insurance : $8,433
Utilities : $16,066.48

Contact Agent

Commercial Real Estate Solutions

Not finding what you’re looking for?

Call Us

618-277-4400

Favorites