Property Description

Price listed is Starting Bid Only. Bidding starts closing 3/26/2026 @ 5 p.m. Discover your chance to own a potential filled, income-producing asset in the heart of Belleville. This fully leased 3-unit building and 2BR/1BA single family home generates $2,600 in monthly rental income at the current rental rates, offering immediate cash flow and long-term investment potential. The multi-unit building features three units with one-3BR/1BA unit paying $950.00 in monthly rent with three AC window Units, electric washer and dryer and a gas furnace and gas hot water heater, One-1BR/1BA unit paying $550.00 in monthly rent with one AC window unit, electric washer and dryer, a wood burning fireplace and a gas furnace and gas hot water heater, and One- 1BR/1.5BA with central AC, electric washer and dryer, and a gas furnace and gas hot water heater. The separate 2BR/1BA rental home is currently generating $550.00 a month in rent and has central AC, washer and dryer hook-ups, a gas furnace and gas hot water heater. All units are on a month-to-month lease.. Currently, the owner pays for the sewer and trash for both buildings with the tenants responsible for electricity, water and gas thanks to dedicated meters, keeping operational costs manageable and transparent. Zoned SR-3, Single Family within the St. Clair County zoning jurisdiction, the buildings are currently operating as multi-unit apartment buildings, with any alternate use requiring city approval. Conveniently located near public transit, schools, and major Metro East roadways, this property combines accessibility with strong rental appeal. With two fully rented buildings, this is a smart investment whether you are expanding your portfolio or stepping into multi-family real estate for the first time. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers. Showings available on open house date only. Any showings after open house are by appointment only.

Property Features

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