Description
HOT Pilsen area! This recently rehabbed 5 unit building located on a quiet, tree-lined street is perfect for an owner-occupant or ideal investor. All 5 units are turn-key and have either been fully or partially rehabbed in 2017-18. The front building has a massive 3 bed unit with loads of character and long term tenants where rents can be increased. There is a nice studio basement apartment, generating an additional $950/month rent, with a designated washer and dryer for that building. The rear coach house has 3 additional apartments and coin operated laundry for this building. Three units are longer term tenants and 2 units are recently occupied. Apartments generate $6650 a month but can definitely increase rents as you turn over. Both buildings have a new roof. Easy street parking. Low operating expenses and taxes make this an ideal investment property. A+ location- close proximity to Pink Line and multiple bus stops as well as tons of shops and restaurants! Amazing opportunity to get in to the hot and upcoming Pilsen neighborhood!
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7BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
HOT Pilsen area! This recently rehabbed 5 unit building located on a quiet, tree-lined street is perfect for an owner-occupant or ideal investor. All 5 units are turn-key and have either been fully or partially rehabbed in 2017-18. The front building has a massive 3 bed unit with loads of character and long term tenants where rents can be increased. There is a nice studio basement apartment, generating an additional $950/month rent, with a designated washer and dryer for that building. The rear coach house has 3 additional apartments and coin operated laundry for this building. Three units are longer term tenants and 2 units are recently occupied. Apartments generate $6650 a month but can definitely increase rents as you turn over. Both buildings have a new roof. Easy street parking. Low operating expenses and taxes make this an ideal investment property. A+ location- close proximity to Pink Line and multiple bus stops as well as tons of shops and restaurants! Amazing opportunity to get in to the hot and upcoming Pilsen neighborhood!
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