$250,000
$254,900
1.9%For more information regarding the value of a property, please contact us for a free consultation.
4,704 SqFt
SOLD DATE : 01/07/2020
Key Details
Sold Price $250,000
Property Type Multi-Family
Sub Type Multi-Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 4,704 sqft
Price per Sqft $53
Subdivision Not In A Subdivision
MLS Listing ID MAR19053071
Sold Date 01/07/20
Construction Status 62
Year Built 1958
Building Age 62
Lot Dimensions 64 X 36
Property Sub-Type Multi-Family 5+
Property Description
7 Unit ALL BRICK Apartment Complex, 4 one bedroom, 3 studios. One bedroom rented for $695 each, Studio rented for $675 each. Tenants pay for electric only. Landlord pays all utilities. Well managed building. Ton of cash flow. GRM is 4.42, Cap Rate is 12.48%. See attached APOD. Buyer to verify all MLS data including but not limited to sq feet, measurements, features, exemptions/taxes, schools, etc.
Location
State IL
County St Clair-il
Interior
Heating Hot Water
Cooling Wall Unit(s)
Fireplace N
Laundry Coin Operated
Building
Sewer Public Sewer
Water Public
Structure Type Fl Brick/Stn Veneer
Construction Status 62
Schools
Elementary Schools Belleville Dist 118
Middle Schools Belleville Dist 118
High Schools Belleville High School-West
School District Belleville Dist 118
Others
Ownership Private
Special Listing Condition No Exemptions, None
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