1411 N Charles St, Belleville, IL 62221

Property Description

Back on market!! NO fault to seller. Ever dreamt of buying a house and letting someone else help pay the mortgage? Here is a great investment opportunity! Not only does this property offer exceptional income potential, but it also comes with instant equity! A recent appraisal came in well above the list price. This spacious duplex is located in the heart of Belleville! Each unit offers two generously sized bedrooms (no walk-through bedrooms), one full bathroom, a separate dining room, and an enclosed front porch that makes the perfect home office, sitting room, or flex space. The vacant unit at 1411 has been updated with numerous improvements, including a new storm door, new flooring, new stove and refrigerator, updated electrical, new water heater and new plumbing along the shared wall serving the bathroom in 1409. The occupied unit at 1409 has been update with new flooring, new stove and refrigerator, new a/c unit, new plumbing along the shared wall serving the bathroom only. This unit is currently leased to a long-term tenant, providing immediate rental income. A standout feature is the expansive 19' x 13' attic space above both units, offering excellent potential to be finished into additional living space, such as a third bedroom, office, or bonus room. Both units also have an unfinished basement providing additional storage space and easy access to mechanicals. Not only has the outside has been freshly landscaped, there is a large backyard, ample street parking, and a detached two-car garage that could use some finishing touches but would be another great space for additional storage. 1411 has PASSED Occupancy Inspection. However, buyer should note that the required occupancy permit includes participation in Belleville's Crime Free Housing Program, which requires a background check. Property has passed HUD program’s housing quality standards.