Photo 1 of 1
$162,000
Sold on 3/17/17
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
9 |
0.00 |
0 |
$3,669 |
1893 |
On the market:
50 days
|
View full details, 15 photos, school info, and price history
Neat 3 Unit Graystone located close to mass transit, grocery stores, parks, and schools is only minutes from downtown. An incredible value with a 16% Cap Rate in an area with rapid price appreciation. This building was completely rehabbed 5 years ago and has been recently refreshed for it's new owners. Newer kitchens and bathrooms, drywall, flooring, plumbing, in unit WASHER AND DRYER Hook-ups and 3 SEPARATE Forced Air HVAC systems. The perfect starter investment property - with very little to do, high profit margins in an area prices have more than doubled in the past 5 years. The New Obama Library, Tiger Woods Golf Course, TIF and U of Chicago initiatives are creating huge housing demands in Woodlawn. First time home buyers can qualify for $7500 in down-payment assistance. Purchasing assistance is also available for other buyers too! Don't hesitate on this fantastic opportunity - it's time for you to start collecting rent and to start making some more money!!
Listing courtesy of Donald Robinson, Coldwell Banker Realty