Photo 1 of 1
$745,000
Sold on 10/25/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
21 |
0.00 |
0 |
$3,595.96 |
1908 |
On the market:
90 days
|
View full details, 15 photos, school info, and price history
2007 gut-renovated, 4-unit former condo building in hot East Garfield Park! Excellent cash flow opportunity with significant rental upside. Three xtra large 6 bed / 2 bath units in front building plus full unfinished basement. All bedrooms fit full/queen size beds + closets, large living area, separate dining room, separate kitchen, and rear porch. One 3 bed / 1.5 bath duplex coach house. All units rented with CHA tenants and they pay nearly 100% of rent. Two of the units are under rented and can be raised with a. pro-forma 11.5% cap rate. Copper plumbing, updated electric, individual gas-forced heat, individual hot water tanks, Unit 2 and 3 feature in-unit laundry and unit 1 has laundry hook up. Unit 3 has been recently updated and has central air. Tear off roofs for both buildings in 2020. Tenants pay gas/heat/electric. This turn key building is truly a cash cow.
Listing courtesy of Christopher Norton, @properties Christie's International Real Estate