332-334 Water St---Brick Exterior 4 Unit Multi Family Income Property in the heart of Belvidere---Two 2 BR Apartments and Two 1 BR Apartments, all have 1 BA---Remodeled in the last 8 years---Parking for 4 cars---Recent roof replacement---Tenants pay for all utilities except water/sewer and garbage---7.5% CAP---Room to raise rents---Strong cash flow combined with an easy to manage investment will make a great addition to any portfolio.
91 days
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304
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12
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Zillow last checked:
Listing updated:
Listed by:
Marc Weitz973-726-7800,
Fairclough Realtors
Source: GSMLS,MLS#: 4030489
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4
Heating
Baseboard - Electric, Electric
Cooling
See Remarks
Appliances
Included: See Remarks
Features
Kitchen, Living Room, Master Bedroom, See Remarks, Bedrooms
Basement: Yes,Unfinished
Has fireplace: No
Interior area
Total structure area: 3,996
Total interior livable area: 3,996 sqft
Property
Parking
Total spaces: 4
Parking features: See Remarks
Uncovered spaces: 4
Features
Levels: Two
Stories: 2
Patio & porch: Deck
Exterior features: See Remarks
Lot
Size: 9,583 Square Feet
Dimensions: 90 x 105
Details
Parcel number: 3003000110000000160000
Zoning description: B
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Brick, Composition Siding
Roof: Asphalt Shingle
Condition
Year built: 1868
Major remodel year: 2019
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, See Remarks
Community & HOA
Location
Region: Belvidere
Financial & listing details
Price per square foot: $160/sqft
Tax assessed value: $300,000
Annual tax amount: $9,906
Date on market: 5/28/2026
Total actual rent: 5508
Tenant pays: Electricity, Tenant Pays Heat, Tenant Pays Electric