1610 Main Street

About this property

Zoned C2 Heavy Commercial- formerly owned by a well-respected plumber who ran his plumbing business from it while renting out the rear apartment. An owner could also actually live in the 1 bedroom front apartment while doing business from the front area of the apartment. Even without the commercial usage, this duplex is an unbelievable 20% ROI opportunity! $1300 plus monthly rent potential with just residential renting (more if rented to a business). Occupancy ready. Owner is very motivated and just slashed the price! This charming duplex, built in 1947, was renovated in 2018, and offers the option to live in the front 1-bedroom unit while also conducting business because of the C-2 zoning. And collect additional rent from the rear 2-bedroom unit. Conveniently located near public transportation and close to downtown Belleville. The front 1 bedroom unit has long been rented for $550 a month but could be rented for more if the C-2 zoning was utilized. The back 2-bedroom unit has two levels, with a large open kitchen/dining area and laundry on the main level, and two bedrooms upstairs. It rented for $650/month for the past 5 years but could easily be rented for $750 or more. The property also has a dry basement with electricity (ideal for extra storage or even a crude man cave as it naturally stays cool in the summer and warm in the winter with the furnace, water heater room next to it). Upgrades include copper plumbing, PVC sewer lines, and separate, upgraded electric meters. Additionally, the City has added a street light to the back parking area for improved security." This is a duplicate listing of MLS #26060412

Property details

Location

1610 Main Street, Belleville, IL 62220

S 17th to W Main GPS friendly