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Executive Summary

CHEAP 16 UNITS!!!
Solid brick. Good occupancy. Separate electric meters. City water and sewer. Inexpensive to operate and maintain. Perfect rentals. PROPERTY WILL GENERATE A 17.64% NET RETURN ON INVESTMENT!!! Do not miss out on this amazing opportunity.
Property management and financing available!

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $138,917 $16.27
Other Income - -
Vacancy Loss - -
Effective Gross Income $138,917 $16.27
Taxes $7,077 $0.83
Operating Expenses $33,241 $3.89
Total Expenses $40,317 $4.72
Net Operating Income $98,599 $11.55

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $138,917
Annual Per SF $16.27
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $138,917
Annual Per SF $16.27
Taxes (CAD)
Annual $7,077
Annual Per SF $0.83
Operating Expenses (CAD)
Annual $33,241
Annual Per SF $3.89
Total Expenses (CAD)
Annual $40,317
Annual Per SF $4.72
Net Operating Income (CAD)
Annual $98,599
Annual Per SF $11.55

Property Facts

Price $558,147 CAD
Price Per Unit $34,884 CAD
Sale Type Investment
Cap Rate 17.67%
No. Units 16
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Building Class C
Lot Size 0.50 AC
Building Size 8,540 SF
Average Occupancy 100%
No. Stories 2
Year Built 1920
Parking Ratio 1.87/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 16 $723.52 CAD -
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
02-19.0-112-025
Land Assessment
$5,641 CAD (2024)
Improvements Assessment
$47,437 CAD (2024)
Total Assessment
$53,078 CAD (2024)
Annual Taxes
$7,077 CAD ($0.83 CAD/SF)
Tax Year
2026
  • Listing ID: 40677568

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 411 Gray Blvd, East Saint Louis, IL 62205

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