Price listed is Starting Bid Only. Bidding starts closing 07/23/2025 @ 6pm Do not miss this income-generating opportunity in the heart of Belleville! This well-maintained apartment building offers eight fully rented 1-bedroom, 1-bath units, each with a private kitchen, full bath, living room, and bedroom. Comfort comes standard with electric baseboard heating and wall A/C units in every apartment. Built in 1974, this building spans approximately 2,432 square feet and sits on a 0.16± acre lot with front and rear parking spaces available for tenants. Each unit has their own individual meters; therefore, tenants currently cover all their own utilities, keeping overhead low for the owner. Zoned B-1, Multi Family within the City of Belleville. Any alternate use would require proper city approval. Located just minutes from schools, public transit, and major Metro East roadways, this turnkey property combines consistent cash flow with long-term potential. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Showings available on open house date only. Any showings after open house are by appointment only.
