VIEWING: SUNDAY, MARCH 22ND ~ 12-2PM
Potential filled, income-producing assets in the heart of Belleville. This fully leased 3-unit building and 2BR/1BA single family home generates $2,600 in monthly rental income at the current rental rates, offering immediate cash flow and long-term investment potential. The tri-plex features (1) 3BR/1BA unit generating $950.00/month with three window unit A/C’s, electric washer and dryer, a gas furnace and hot water heater; (2) 1BR/1BA unit generating $550.00 each in monthly rent. One of these units offers central air while the other has a single window unit A/C, both have a gas furnace and hot water heater. A separate 2BR/1BA single family home is currently generating $550.00/month in rent and has gas furnace and hot water heater as well as central A/C. All units are on a month-to-month lease. Currently, the owner pays for the sewer and trash for both buildings with the tenants responsible for electricity, water and gas thanks to dedicated meters, keeping operational costs manageable and transparent. Zoned SR-3, Single Family within the St. Clair County zoning jurisdiction, the buildings are currently operating as multi-unit apartment buildings, with any alternate use requiring city approval. Conveniently located near public transit, schools, and major Metro East roadways, this property combines accessibility with strong rental appeal. With two fully rented buildings, this is a smart investment whether you are expanding your portfolio or stepping into multi-family real estate for the first time.