Unique opportunity to acquire cash flowing asset that realizes 10% cap rate with offered chance to use existing managing company. Full occupancy! Long-term tenants. Desired 6 units steel structure brick building with four 3b/1ba and two 2b/1ba apartments! Totally gut-rehabbed in 2020. Hardwood floors throughout, spacious rooms, new windows, updated kitchens, and baths. Separate heat for every unit. Updated electric, plumbing, and threaded and sealed rear porch system. Everything is up to the new code. Exterior safety camera. Free washer and dryer in the basement. Parking in the rear is included in the rent. Excellent location is next to expressway I-94 highway, Red Line train station, and shopping!
* This payment calculator is intended for educational and planning purposes only. ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
