17 Kensington Heights RdBelleville, IL 62226

For Sale
$2,500,000

36-Unit Multi-Family Property, High ROI Potential

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a 36-unit apartment complex ideally situated at 17 Kensington Heights in Belleville, Illinois. The property sits on a substantial 1.24-acre lot, offering ample space and potential for future development or expansion. Currently operating as a multi-family residential building, this complex presents a strong cash flow opportunity for savvy investors. The property's size and location within Belleville make it an attractive proposition for both seasoned investors and those new to the multi-family market. The substantial land area provides flexibility for future improvements or additions, allowing for potential rental income growth. Detailed financial records are available upon request, providing a comprehensive overview of the property's performance and profitability. This is a turnkey investment, ready for immediate income generation. The property's location in Belleville offers convenient access to local amenities, transportation routes, and a thriving community. This represents a rare chance to acquire a well-established, income-producing asset in a desirable market. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Don't miss out on this chance to secure a significant return on your investment in the robust Belleville real estate market. The property is priced competitively at $2,500,000, reflecting its strong potential for appreciation and consistent rental income. Further details regarding the property's financial performance and operational history are available upon request.

Property Details for 17 Kensington Heights Rd

Property type
Residential income properties, Multifamily properties
Year Built
1979
Lot Size (sq. ft)
54,014 SF

Location Insight

City
Belleville
County
St Clair-IL
State
Illinois
Latitude
38.53903
Longitude
-90.03097
17 Kensington Heights Rd, Belleville, Illinois

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17 Kensington Heights Rd
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