2516 & 2520 Eastview
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 $665,000. Occupied units may be viewed following an accepted contract. Rent roll and additional property information available upon request.
Broker Details
Kunkel Wittenauer Group (618) 632-8200
MLS ID: FRANJ State License Number: 475123599
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $665,000 |
| No. of Units: | 4 |
| Year Built: | 1978 |
| Lot Size: | 7,280.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $166,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MARISMO-26052458
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