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2516 & 2520 Eastview

Belleville, IL 62221

Property Overview
Price: $645,900
City: Belleville
County: St. Clair
Sale/Lease: Sale
Status: Pending
MLS Number: 26052458
Property Description
Excellent opportunity to acquire an 8-unit multifamily investment consisting of two four-unit buildings at 2516 & 2520 Eastview Drive in Belleville. All eight units feature a desirable two-story layout with 2 bedrooms and 1.5 baths, including a full kitchen, main-level living room and half bath, two upstairs bedrooms and a full bath. Each unit also offers its own patio area, and the property provides ample off-street parking. The two brick buildings total approximately 7,280 SF and are currently 100% occupied, with all 8 units leased. Current monthly rents range from $750-$1,050, with current total monthly rent of $7,550 and annual rent of $90,600. Utilities are paid by tenants. Major exterior improvements include new roofs, gutters, fascia and soffits in 2021, along with newer privacy fencing on some patios. Several units have also been extensively remodeled. Offered as a package at $645,900. Occupied units may be viewed following an accepted contract. Rent roll and additional property information available upon request.
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Listing Brokered by Kunkel Wittenauer Group, Inc
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