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9607 W Main St

8 Unit Block of Flats £391,650 (£48,956/Unit) 9.80% Net Initial Yield Belleville, IL 62223

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Executive Summary

8 unit (1B/1B) apartment complex on West Main St. in Belleville IL. Recently renovated and re-tenanted by ownership at market rates. Recent improvements include new sewer lateral, security camera and flood lights, 5 new AC units, new appliances, new water heaters.
Located on West Main St., in Belleville near banks, restaurants, gas stations and Metro Link. Situated only 2.5 miles off I-64 & 3.5 miles off I-255. 10 minutes from Downtown St. Louis.

att_9607_9609-West-Main-St_Belleville_Brochure

Property Facts

Price	£391,650	Property Subtype	Apartment
Price Per Unit	£48,956	Building Class	C
Sale Type	Investment	Lot Size	0.16 AC
Net Initial Yield	9.80%	Building Size	5,000 SF
No. Units	8	Number of Floors	2
Property Type	Residential	Year Built	1960

Price	£391,650
Price Per Unit	£48,956
Sale Type	Investment
Net Initial Yield	9.80%
No. Units	8
Property Type	Residential
Property Subtype	Apartment
Building Class	C
Lot Size	0.16 AC
Building Size	5,000 SF
Number of Floors	2
Year Built	1960

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PROPERTY TAXES

Parcel Number	02-35.0-213-010	Improvements Assessment	£49,102
Land Assessment	£2,377	Total Assessment	£51,479

PROPERTY TAXES

Parcel Number

02-35.0-213-010

Land Assessment

£2,377

Improvements Assessment

£49,102

Total Assessment

£51,479

Listing ID: 34175019
Date on Market: 12/12/2024
Last Updated:
Address: 9607 W Main St, Belleville, IL 62223

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