2516 & 2520 Eastview

Description

Excellent opportunity to acquire an 8-unit multifamily investment consisting of two four-unit buildings at 2516 & 2520 Eastview Drive in Belleville. All eight units feature a desirable two-story layout with 2 bedrooms and 1.5 baths, including a full kitchen, main-level living room and half bath, two upstairs bedrooms and a full bath. Each unit also offers its own fenced patio area, and the property provides ample off-street parking. The two brick buildings total approximately 7,280 SF and are currently 7 of 8 units occupied, with the vacant unit available for showings. Current monthly rents range from $750-$1,050, providing an attractive existing rent roll with potential for additional income as leases turn over. Utilities are paid by tenants. Major exterior improvements include new roofs, gutters, fascia and soffits in 2021, along with newer privacy fencing. Several units have also been extensively remodeled. Offered as a package at $665,000. One vacant unit will be available to tour; occupied units may be viewed following an accepted contract. Rent roll and additional property information available upon request.