Photo 1 of 11
$267,400
Sold on 7/21/21
| Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
| 7 |
0.00 |
0 |
$12,511.96 |
1962 |
|
On the market:
76 days
|
View full details, 15 photos, school info, and price history
Fully Rehabbed 4 Unit Building on Torrence Ave, New Roof, Gutters, Windows, Kitchen, Baths, Hot water Tanks & Furnaces. Each Unit Has An Individual Forced Air Gas Furnace, and Individual Water Heaters. Tenants Pay Electric and Gas. There Is A Small Gas & Electric Bill for the Common Areas. Land Lord Pays Water & Garbage. Laundry Income Coin Collected. 2 BD 1 BA $875 2 BD 1 BA $925 2 BD 1 BA $900 1 Bed1 BA $840 Real Estate Taxes $13,762 Insurance $2,000 Water/Sewer $1,400 Common Area Electric $280 Gas $360 Landscaping/Snow $950 Trash Removal $984 Repairs & Maintenance $1,250 Total Expenses $20,986 NOI $22,744 Price $295,000 Cap Rate 7.71% Major Upside On Rents
Listing courtesy of Anthony Spangler, Horvath & Tremblay IL, LLC
