Real Estate For Sale in...
 

5 Orbon Place, Belleville, IL 62221

$390,000
Rental Complex For Sale MLS# 17065562 ID: 47185556
$390,000 Get Rates

Apartment Complex,Multi-Family 5+ - Belleville, IL
Great Investment Opportunity! CASH FLOWING Multifamily Duplexes consisting of 4 Buildings (8 units in total), (6) 2 Bedrooms and (2) 3 Bedrooms. 100% Occupied, 7 of 8 units have been updated and passed city compliancy in 2016/2017. All units consist of Main floor bathrooms, 2nd floor bedrooms, and basements with washer/dryer hookups. Easy to Lease, minimal expenses, and tenant(s) pays all utilities except trash. Property is professionally managed and seller willing to provide appraisal that was completed in May 2017 to serious buyers ONLY. Each building sits on its own parcel, each individual unit is approx. 1088 sq.ft., and total land is approx. 196.85X98.42 Annual Income: $61,740.00 | Annual Expenses (Tax & Insurance Included): $23,468.00 | NOI: $38,272.00 CAP Rate: 9.81 | GRM: 6.32 | DSCR: 1.52 License#471.009763

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Location Information near 5 Orbon Place
Offered by Amanda O'Connor at Innovative Realty, LLC

Would you like more information regarding this property?
Please call 910-8741.

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Property Features for 5 Orbon Place
Status
Market Status
Available
Last Updated
September 22, 2017
Description
Property Type
Rental Complex For Sale
Year Built
1960
Approx. Lot Size
0.12 Acres
Sq. Feet
1,088

Building Features

  • Cooling System: Window Unit(s) A/C
  • Heating System: Baseboard; Forced Air
  • Central Air

Exterior Features

  • Exterior Construction: Stucco
  • Parking: On Street

Legal/Financial

  • Taxes: 10577 (2016)

Listing Features

  • Property Type: MultiFamily; Apartment

Other Features

  • BELLEVILLE DIST 118,Belleville DIST 118; Belleville DIST 118; Belleville DIST 118,BELLEVILLE DIST 118,Belleville High School-East
  • BELLEVILLE DIST 118,Belleville High School-East,BELLEVILLE DIST 118,Belleville DIST 118; Belleville DIST 118; Belleville DIST 118
  • Belleville DIST 118; Belleville DIST 118; Belleville DIST 118,BELLEVILLE DIST 118,Belleville High School-East,BELLEVILLE DIST 118
  • Belleville High School-East,BELLEVILLE DIST 118,Belleville DIST 118; Belleville DIST 118; Belleville DIST 118,BELLEVILLE DIST 118
  • Amanda O'Connor
  • Innovative Realty, LLC

Data Provided by:
Mid America Regional Information Systems, Inc.

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More information about this $390,000 Rental Complex For Sale at 5 Orbon Place

This $390,000 Rental Complex For Sale at 5 Orbon Place in Belleville, IL is presented by Amanda O'Connor. This $390,000 Rental Complex For Sale, located in the 62221 zip code, has the following property features: Heating System, Belleville DIST 118; Belleville DIST 118; Belleville DIST 118,BELLEVILLE DIST 118,Belleville High School-East,BELLEVILLE DIST 118, Taxes, Belleville High School-East,BELLEVILLE DIST 118,Belleville DIST 118; Belleville DIST 118; Belleville DIST 118,BELLEVILLE DIST 118. This 5 Orbon Place Rental Complex For Sale, located in Saint Clair County , is listed under MLS listing number 17065562 and has a listing price of $390,000. You can find more BELLEVILLE homes for sale here.