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Testzhe Liu

testzhe.liu@123.com +1(123) 456-7890

$77,000

Est. payment - /mo

1,232 SqFt

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Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,232 sqft

Price per Sqft $62

Subdivision Kirchers Add

MLS Listing ID 26060412

Style Apartment Style

Year Built 1947

Annual Tax Amount $2,040

Lot Size 2,570 Sqft

Acres 0.059

Property Sub-Type 2-4 Units

Property Description

Unbelievable 20% ROI opportunity! (with $1300 plus monthly rent potential). Occupancy ready. Owner is very motivated and just slashed the price! This charming duplex, built in 1947, was renovated in 2018, and offers the option to live in the front 1-bedroom unit while also conducting business because of the C-2 zoning. And collect additional rent from the rear 2-bedroom unit. Conveniently located near public transportation and close to downtown Belleville. The front 1 bedroom unit has long been rented for $550 a month but could be rented for more if the C-2 zoning was utilized. The back 2-bedroom unit has two levels, with a large open kitchen/dining area and laundry on the main level, and two bedrooms upstairs. It rented for $650/month for the past 5 years but could easily be rented for $750 or more. The property also has a dry basement with electricity (ideal for extra storage or even a crude man cave as it naturally stays cool in the summer and warm in the winter with the furnace, water heater room next to it). Upgrades include copper plumbing, PVC sewer lines, and separate, upgraded electric meters. Additionally, the City has added a street light to the back parking area for improved security.

Location

State IL

County St. Clair

Rooms

Basement Cellar

Interior

Heating Electric, Natural Gas, Baseboard, Forced Air

Cooling Wall/Window Unit(s), Heat Pump

Fireplace N

Appliance Gas Water Heater

Exterior

Parking Features false

View Y/N No

Building

Water Public

Structure Type Aluminum Siding

Schools

Elementary Schools Belleville Dist 118

Middle Schools Belleville Dist 118

High Schools Belleville High School-West

School District Belleville Dist 118

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition Listing As Is

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Listed by Daniel Haight • Century 21 Bailey & Company

Nearby School & Business

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Testzhe Liu

+1(123) 456-7890

Realtor License ID: 01933960

1610 W Main ST Belleville, IL 62220

Testzhe Liu

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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