For Sale
$500,000
9607 Main St Belleville, IL 62223
High-Cash Flow Multifamily Investment
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- 8-unit apartment building in Belleville, IL, offering a 9.80% cap rate and $48,999 NOI.
- 5,328 sq ft building on a 2,664 sq ft lot, fully renovated in 2023.
- 100% occupancy with eight 1-bed/1-bath units.
- $500,000 asking price ($62,500/unit, $93.84/sq ft).
- Excellent location on West Main St., near amenities and major highways, 10 minutes from Downtown St. Louis.
Property Details for 9607 Main St
- Property type
- Apartment buildings
- Square Feet
- 5,328 SF
- Class
- B
- Year Built/Renovated
- 1960/2023
- Buildings
- 1
- Stories
- 2
- Units
- 8
Location Insight
- City
- Belleville
- County
- St. Clair
- State
- Illinois
- Latitude
- 38.5788614
- Longitude
- -90.0560708
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - High-Cash Flow Multifamily Investment
- Where is the apartment building located?
- The property is located at 9607 Main St Belleville, IL.
- What is the asking price?
- The asking price for this property is $500,000.
- What are key features of this property?
- This property features: 8-unit apartment building in Belleville, IL, offering a 9.80% cap rate and $48,999 NOI.; 5,328 sq ft building on a 2,664 sq ft lot, fully renovated in 2023.; 100% occupancy with eight 1-bed/1-bath units.
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