618 Mascoutah Ave

Belleville, IL 62220
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3 bd, 2 ba | 1,680 sqft | Built in 1905

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$1,400

Total Return

$40,948

Annualized Return

12.4%

Cap Rate

4.4%

Gross Yield

9.6%

Cash Flow

-$2,399

Appreciation

5.5%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

14,810

HOA

None
Welcome home to 618 Mascoutah Avenue! This all brick home sits on a double lot with a detached garage, providing plenty of space for all your needs. On the main floor you’ll find so much charm with the original hardwood floors, 9.5’ ceilings, and natural light pouring in from the large bay window. The kitchen has tons of cabinet space, too. Don’t miss the main floor laundry! The 3 bedrooms and master bathroom are all located upstairs. There’s even a balcony for you to enjoy! A full, unfinished basement with a half bath rounds out the interior of the home. You’ll love entertaining or relaxing out back on the spacious composite deck! The backyard is level and fenced in for added convenience. This home is conveniently located steps away from East End Park! You’re also minutes from downtown Belleville, Scott AFB, and Interstate 64. Don’t miss out on the opportunity to own this gem! Information pulled from various sources. Buyer to verify all MLS data.

See more in Analysis
Christopher Stjernholm
Trelora Realty, Inc.
AZ Agent License #359852

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$3,750

Property Taxes

-$5,100

Loan Payments

-$9,508

Net Cash Flow

-$2,399

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Erica Timko
Agent License 2014042570
Keller Williams Realty STL
Certified Agent Brokerage:Christopher Stjernholm
Trelora Realty, Inc.
AZ Brokerage License BR689329000
SourceMid America Regional Information Systems (MARIS).
MLS #24017520
Last Updated: 03/28/2024 13:03
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.