Multi-Family for Sale: 320 W H Street, Belleville, IL 62226

5,760 sqft
$500,000
$500,000
320 W H Street, Belleville, IL 62226
5,760 sqft
$500,000
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Price:
$500,000
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Type Multi-Family
Square Footage 5,760 sqft
Lot Size 0.31 acres
Year Built 1978
Assoc Fee Paid None
Taxes Paid $11,050
City Belleville
County St Clair-IL
School District Belleville DIST 118
Subdivision n/a
MLS 24073225
Status Active
DOM 2 days
Prime Investment Opportunity in the Heart of Belleville! Discover the potential of this predominantly brick multifamily gem, ideally located just minutes from the Belleville square. This well-maintained property features eight units: four spacious one-bedroom apartments and four comfortable two-bedroom apartments offering flexibility to any potential renter's living situation. Tenants enjoy the convenience of coin-operated laundry and ample parking, all while benefiting from the property’s private, tucked-away setting. Current rents are significantly below market, offering savvy investors an exceptional opportunity to increase cash flow and build equity quickly. Owner covers W/S/T Cap rate: 5.96% Rents: 765, 575, 503 (sec 8 assisted), 675, 630 (sec 8 assisted), 675, 675, 775 Whether purchased individually or as part of a package (see MLS#:24073227), this property is poised for growth. Don’t miss out on this incredible chance to expand your portfolio!

Virtual Tours for 320 H Street Belleville, IL

Lot & Building Features

Assoc Fee Paid None
Construction Brick Veneer, Vinyl Siding
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Parking Lot, Space/Unit - 2+
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 315*125 ft

Community and Schools

Elementary School BELLEVILLE DIST 118
Junior High School BELLEVILLE DIST 118
Senior High School Belleville High School-East

Price History of 320 H Street, Belleville, IL

Date Name Price Difference
12/02/2024 Listing Price $500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

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Photo of Loren Jenks
Direct: 314-308-3069
Office
2242 Thurman Ave
Saint Louis, MO 63110
314-772-8407
Listed by Real Broker LLC, Christopher Kelly
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320 H Street (MLS #24073225) is a multi-family listing located in Belleville, IL. This multi-family listing is 5,760 sqft and on a lot of 13,504 sqft (or 0.31 acres) and is 46 years old. This property was listed on 12/02/2024 and has been priced for sale at $500,000.

Nearby zip codes are 62208, 62220, 62221, 62223 and 62269. This property neighbors other cities such as Belleview, Fairview Heights, O Fallon, Shiloh and Swansea.

Maris

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Listing information courtesy of: Real Broker LLC

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