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339 W H Street #339

Belleville, IL 62226
6,240 sqft
$625,000
Photo of 339 W H Street Belleville IL 62226

Details

Seize an exceptional investment opportunity in the heart of Belleville with these four all-brick duplexes on adjoining parcels! Recent rent increases still leave plenty of room to align with local two-bedroom averages, offering strong potential for future growth. Rest easy with all four roofs newly replaced in 2023, and benefit from the hands-on care of a top-tier property manager from O'Fallon. Tenants cover all of their own utilities and cost-effective lawn care at just $65 per cut adds to your bottom line. Each well-maintained unit features a spacious kitchen, ample living area, two generous bedrooms, laundry hookups, and covered parking—an attractive bonus for tenants. With low maintenance and solid returns, now is the perfect time to take advantage of falling interest rates and maximize your investment! 337 - $700, 339 - $800, 341 - $750, 343 - $750, 345 - $750, 347 -$750, 351 - $800, 353 - $850. Market rents for area are $850-$950.

Specs

Type Multi-Family
Square Footage 6,240 sqft
Lot Size 0.64 acres
Year Built 1974
Assoc Fee Paid None
Taxes Paid $13,259

Lots & Building Features

Assoc Fee Paid None
Construction Brick Veneer
Cooling Electric
Heat Source Electric
Heating Forced Air
Parking Description Carport, Space/Unit - 2+, Guest Parking
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 144*208 ft

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Financing

$
20%
2.12144%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Belleville
County St Clair-IL
School District Belleville DIST 118
Subdivision Normandy Village

Schools

Elementary School BELLEVILLE DIST 118
Junior High School BELLEVILLE DIST 118
Senior High School Belleville High School-East
Christopher Kelly, Real Broker LLC