Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    5100.0

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s), Central Air, Other, Varies by Unit

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air, Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Other

  • Other Exterior Features

    Courtyard, Private Entrance, Uncovered Courtyard

  • Parking

    Alley Access, Gravel

  • Patio and Porch Features

    Deck, Patio, See Remarks

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    City Lot, Level, Near Public Transit

  • Lot Size(acres)

    0.24

  • Lot Size(square feet)

    10454.4

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Historic, Loft

Price

  • Sales Price

    $450,000

  • Tax Amount

    $4,756

  • Sq. Footage

    5, 100

  • Price/SqFt

    $88

HOA

  • Association

    No

School District

  • Elementary School

    BELLEVILLE DIST 118

  • Middle School

    BELLEVILLE DIST 118

  • High School

    Belleville High School-East

Property Features

  • New Construction

    NO

  • Ownership

    Private

  • Senior Community YN

    NO

  • Water Source

    Public

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Location

County

St. Clair

Elementary School

BELLEVILLE DIST 118

Middle School

BELLEVILLE DIST 118

High School

Belleville High School-East

Listing Courtesy of Jason Buss , RE/MAX Preferred

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Here is your opportunity to purchase 4 fabulous income generating lofts under one roof in downtown Belleville.  The Brass Lantern Lofts is a wonderful 1872 building that was brought back to life in 2019 with extensive work done to the main floor including all new electrical, plumbing, walls, HVAC, and the list goes on.  Three units are on the ground floor, two of them are two bed two bath, and are approximately 1300 square feet.  The two bedroom units each have their own courtyards.  The other first floor unit is a one bed one bath and is approximately 900 square feet.  The upper level was updated nicely and had new HVAC installed in 2022 along with a new deck and back stairs last year.  The upper unit is a 3 bedroom one bath and is approximately 1600 square feet.  All units have stainless steel appliances and washer and dryer hookups. Owner pays water, sewer, and trash for the ground floor units. The upper unit pays their own water and sewer bill. Each loft gets two parking spaces, there are 18 spaces so that leaves 5 spaces to rent for additional income.  These units will only appreciate in value and there are only so many lofts/apartments in the downtown area.  This area of Belleville has become more desirable as time has gone on.  Pre-approval of proof of funds required to view this property.  All information to be verified by buyer and buyer's agent.

511 E Main Street

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Related Properties

Check out this fully renovated 5-unit investment property! This building has been completely updated from top to bottom, including all-new electrical wiring with separate meters, and fully redone plumbing throughout all units. Each unit features new water heaters, bathtubs, vanities, flooring, cabinets, and modern light fixtures.

The property is equipped with high-efficiency mini-split systems and the exterior has been repaired and freshly painted, making this a truly turn-key asset.

This is a strong cash-flowing property with the following unit breakdown:

Four 1-bedroom / 1-bath units

Three units currently renting at $925/month

One unit renting at $900/month

One 2-bedroom / 1-bath unit renting at $1,200/month

Total monthly income: $4,875

Don’t miss this opportunity to own a fully renovated, income-producing multi-family property. Schedule your showing today!
#25082009

Belleville

1223 W Main Street

None Beds

None Baths

1,992 Sq.Ft.

$375,000

MLS#: 25082009

 - property

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