272 E 148th St., Harvey, IL 60426

272 E 148th St., Harvey, IL 60426
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$269,950
Beds Baths Sq. Ft. Taxes Built
4 0.00 0 $10,753 1963
On the market: 2 days

Est. Monthly Payment:

$2,512($1,616 + $896 taxes*)

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APPROVED
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Solid investment opportunity with strong in-place cash flow and upside potential. Legal 4-unit building with the ability to convert to a 6-unit by completing the basement studios. Currently generating approximately $4,000/month in gross income, with additional upside once the vacant unit is rented and basement units are completed. All leases include a 30-day vacancy clause upon sale. Major CapEx items have already been completed; remaining work is primarily cosmetic. Property features separate, newer high-efficiency furnaces and hot water heaters for each unit, separate electric panels and gas meters, newer windows, and a roof and gutters approximately 2 years old. Laundry located in the basement. Configuration consists of 1 bed / 1 bath units. Five units are currently occupied: Ideal value-add opportunity for investors seeking stable cash flow with future upside.
Listing courtesy of Katherine Vences, RE/MAX Mi Casa