17 Kensington Heights Rd Belleville, IL 62226

Property Details for 17 Kensington Heights Rd

Year built

1979

Lot size

1.24 lot acres

Property type

Multifamily properties

Description

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.

Location Insight

City

Belleville

County

St Clair-IL

State

Illinois

Longitude

-90.03097

Latitude

38.53903