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

(2) Four Family Apartment Buildings - Fully Leased!

$359,000

Listing Resources

Listing Description

Excellent Investment opportunity available for Sale. (2) Four Family Apartment Buildings; Fully Leased. Ideal location – Near the intersection of Frank Scott Parkway and IL Route 161, Memorial Hospital and MetroLink Station Less than 1 Mile away. Each unit has individual W/D hookups located in the basement, Carport spaces also included.

Reduced Sale Price: $359,000

Listing Details

Settings
Listing No : 2117
Sale Or Lease : For Sale
Property Type(s) : Multi-Family
Building Size (Sqft) : 8,064 Sqft
Lot Size (Acres) : 0.45 Acre(s)
Total Sqft Available : 8,064 Sqft
Sale Price : $359,000
CAP Rate : 7.70%
GRM : 6.50
NOI : $27,987
Building Total Sqft : 8,064 Sqft
Total Sqft Available : 8,064 Sqft
Min Divisible Sqft : 8,064 Sqft
Max Contiguous Sqft : 8,064 Sqft
Parcel No : 08-08.0-102-006/007
Zoning : Multi-Family
Zoning By : Belleville
Parking : 16
Parking Surface Type : Asphalt
Property Tax : $11,837
Tax Year : 2018
Year Built : 1967
Roof : Shingle
Exterior : Brick
Floors : 2
Total Acres Available : 0.45 Acre(s)
Acres : 0.45 Acre(s)
Gross Rental Income : $54,720
Insurance : $3,156
Utilities : $3,588

Contact Agent

Commercial Real Estate Solutions

Not finding what you’re looking for?

Call Us

618-277-4400

Favorites
Clear All
Email Your Favorites