40 Queensway Drive

Belleville IL 62226

1740 sq. ft.

9147.6 sq. ft.

Multi-Family

Currently for sale - view listing

Overview

Solid all-brick duplex opportunity in a prime Belleville location! Situated on a corner lot with attached carports, this well-maintained investment property offers strong rental appeal and reliable cash flow with local property management already in place. Each unit features a functional 2-bedroom floor plan with spacious family rooms, hardwood flooring, washer/dryer connections, and layouts tenants love for long-term living. Property is currently occupied with stable tenants in place, including one long-term Section 8 tenant at $725/month and one newer tenant at $905/month. Tenants are responsible for all utilities, keeping owner expenses minimal with only taxes, insurance, and seasonal lawn care (approximately $110/month in season). While interiors retain some original character, the property has been exceptionally cared for over the years and presents an excellent opportunity for investors seeking dependable income with future upside potential through cosmetic updates. Conveniently located near shopping, dining, schools, major roadways, and everyday amenities, this duplex checks the boxes for both tenant desirability and long-term portfolio performance. New Roof July 2023. Agent Owned

Features

2 carspaces

2 carport spaces

1740 sq. ft. floor area

9147.6 sq. ft. lot size

Multi-Family

Property history for 40 Queensway Drive

2024

Rented

Undisclosed

30 Dec 2024 by Christone Enterprises, Inc.

2024

Rented

Undisclosed

23 Oct 2024 by Christone Enterprises, Inc.

2024

Rented

Undisclosed

26 Sep 2024 by Christone Enterprises, Inc.

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