321 Gettysburg Drive

    Belleville, IL 62226
    • $254,900
    • STATUS: Active Under Contract
    • ON SITE: 38 days
    • ID#: 18093851
    Under Contract
    UPDATED: 21 min ago
    $254,900
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Information

    Elementary School:
    Middle School:
    School District:

    Description

    5 Unit Apartment Complex, Each unit is 2 bedroom, each unit rents for $700, owner pays only trash and lawn care. GRM is 6.06, cap rate is 8.92%. Professionally managed, private parking and garages. Brand new roof in 2014. Many updates. Ton of cash flow. See attached APOD.

    Monthly Payment Calculator

    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-01-17T11:49:09.657.

    Keller Williams Realty West: 636-229-8583
    www.searchallstlouishomes.com/homes/89953962

    321 Gettysburg Drive Belleville, IL 62226

    • Price: $254,900
    • Status: Active Under Contract
    • Updated: 21 min ago
    • ID#: 18093851
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1969
    Built
    Neighborhood:
    Schickedanz 8th Add
    County:
    St Clair
    Elementary School:
    Belleville Dist 118
    Middle School:
    Belleville Dist 118
    High School:
    Belleville High School-West
    School District:
    Belleville Dist 118
    Property Description
    5 Unit Apartment Complex, Each unit is 2 bedroom, each unit rents for $700, owner pays only trash and lawn care. GRM is 6.06, cap rate is 8.92%. Professionally managed, private parking and garages. Brand new roof in 2014. Many updates. Ton of cash flow. See attached APOD.
    Exterior Features

    Lot Dimensions 60 X 34 Parking Description Parking GarageParking Lot

    Interior Features

    Cooling Central-ElectricCentral-Gas Heat Source ElectricGas Heating Forced Air Laundry Coin Operated Water Heater Gas

    Property Features

    Association Greater Gateway Association Of Realtors Cable Available Yes Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Disclosures City Gross Operating Income 42000.00 Net Income 27000.00 Ownership Private Possession At Closing Possible Buyer Fees YN No Propane Tank None Property Type Multi-Family 5+ Sale Includes Building & Land Selling Terms CashConventional Sewer Public Special Description Disabled PersonsOwner Occupied Special Listing Conditions None Tax Year 2017 Taxes Paid 3806 Tenancy Type Leases Tenant Pays ElectricGasSewerWater Total Expenses 15000.00 Transaction Type Sale Type Apartment Complex Water Public

    Listing provided courtesy of Decent Properties, Llc. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-01-17T11:49:09.657.

    Keller Williams Realty West: 636-229-8583
     
    Keller Williams Realty West
    856 Waterbury Falls Drive
    O'Fallon MO, 63368