328 S Jefferson St.

Owner occupants or investors will love this 3-unit property that features a 2 story home with a large 3-bedroom unit on the upper level on a month-to-month lease, and an almost 1200 square foot 2-bedroom unit on the main level with a formal living room and separate dining room that was just rehabbed and ready for an owner occupant or a new tenant. In addition to these 2 units, there is a separate and completely remodeled coach house/cottage that is currently rented with an excellent tenant and includes a laundry room with washer and dryer! All 3 units have a 1 car garage space (completely rehabbed in 2020) making these units even more appealing to an owner occupant or tenant. There is a full unfinished basement in the 2-story building that is perfect for storage! Add coin operated washer & dryer for both tenants for extra income or owner occupant living in the main floor unit can exclusively utilize this space. With 2 of the 3 units currently rented an owner occupant could live in the main floor unit for minimal and definitely less than what the unit would rent for. If you are an investor, projected income on this property would be approximately $4000.00/month and with the tenants paying their own gas and electric bills it will cash flow very nicely!!! Current owners have maintained this property wonderfully so new owners will have minimal work and expense. In addition to rehabbing the coach house/cottage, rehabbing the garage, and rehabbing the main floor unit, the owners have replaced the roof and painted the exterior of the coach house/cottage, tuckpointed the foundation on the 2-story building, put all new decks and porches on the 2-story building, replaced majority of windows with vinyl clad thermopane windows, and updated the electrical service panels on all 3 units. This is a must-see property in a fantastic south side location within a few blocks of the Square, the farmers market, train station, water park, public library, and schools!!!