Average square foot calculated using Size range provided by listing agent.
Description
Incredible investment opportunity in the highly desirable 19th Ward Neighborhood! This versatile property is perfect for adding to your portfolio or starting strong. Currently generating a potential gross income of over $45, 000 per year—with room for even greater earnings—this asset is a smart buy. Three of the four units are already rented to reliable tenants, while the largest unit is vacant and ready for your tenants. The largest vacant 2 bedroom unit is spacious and has previously been utilized as a 3 bedroom. You have the flexibility to set your own rent and maximize your returns, achieving a cap rate of 15% or higher. Features include four spacious units, a brand-new tear-off roof, and convenient off-street parking. Located close to public transit and major expressways, this property offers excellent access and growth potential. Don’t miss out on this prime investment opportunity!Show Description
MLS® NumberR1636453
Laundry Level
Central VacNo
FireplaceNo
Acreage0.14
Exterior
GarageNo
Approx. Age1970
BasementFull, Walk Out Access
DrivewayPaved, Parking Available, Two Or More Spaces
Garage Spaces
HeatGas, Baseboard, Hot Water
A/C
Heating Fuel
Extras
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