326 W H Street
Belleville, IL 62226
Listed: December 2, 2024
Closed Date: March 28, 2025
Text for showing or question.

$500,000 $320,000
MLS# 24073227
Commercial Sale
Status: Closed

326 W H Street
Belleville, IL 62226

$320,000 $500,000
Status: Closed
Text for showing or question.

Bedrooms

Beds

Bathrooms

Bath

5760

Sq Ft Above Grade

Sq Ft

0.15
Acres

MLS# 24073227

Days On Market: 158

Listed: Monday December 2, 2024
Closed Date: March 28, 2025

Times this home has been viewed: 927

Prime Investment Opportunity in the Heart of Belleville located just minutes from the 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: 6.46% Rents: 775, 675, 650, 775, 650, 648 (sec 8 assisted), 650, 775. Whether purchased individually or as part of a package (see MLS#24073225), this property is poised for growth. Don’t miss out on this incredible chance to expand your portfolio!

Property Description

Photo: 3