Viewing: SUNDAY, FEBRUARY 16th ~ 2:30-4:30pm
Attention all real estate investors! Fully rented six-unit apartment building with detached two car garage and additional tenant covered parking in Belleville, IL! The main level features two 1BR/1BA units each paying $500 each in monthly rent. The second and third floors of the building each feature two 2BR/1BA units paying $550 each in monthly rent. The building has seven separate electric meters with all tenants paying their own electric bills. The building has a shared hot water heater and boiler system with the owner currently paying for water, sewer, trash and electric for only the hallways and exterior lighting. All tenants are on a month-to-month lease and would like to stay on with the new owner. Recent updates include a new roof installed and complete tuckpointing of the building in 2020; Hot water heater installed in 2020; New awnings and a deck installed in 2022.