339 H StBelleville, IL 62226

This exceptional investment opportunity presents four all-brick duplexes situated on contiguous parcels in Belleville, IL. The property, built in 1974, comprises eight units totaling 6,240 square feet on a 0.64-acre lot. Each unit boasts two bedrooms, a spacious kitchen, ample living area, laundry hookups, and covered parking. Recent rent increases, currently ranging from $675 to $800 per month, leave significant room for growth, aligning with market rates of $850-$950. All four roofs were replaced in 2023, minimizing maintenance concerns. Tenants are responsible for all utilities, and cost-effective lawn care further enhances profitability. The property enjoys a strong net operating income (NOI) of $33,138, with an asking price of $675,000 ($108 per square foot). This Class C multifamily property offers low maintenance, solid returns, and significant upside potential, making it an ideal investment in a thriving market. The property's address is 339 W H St, Belleville, IL 62226, and the APN is 08-21.0-212-028. This is a privately owned, eight-unit apartment building with one story in four buildings.