INVESTOR OPPORTUNITY! LISTED $30,000 BELOW 2023 APPRAISED VALUE This prime income-generating property features a 24-room updated rooming house with six shared kitchens and bathrooms. Additionally, the property includes three commercial storefronts, with a property management company and convenience store on-site. A full basement offers a maintenance area, while on-site amenities include parking, greenspace, and dry container storage. A 40-foot scissor lift adds to the property’s versatility. An additional parcel in the rear provides the potential for expanded parking. Recent upgrades include a new sprinkler system and full fire code compliance as of January 2024, as well as new water service installed the same year. The entire building is equipped with landlord-controlled thermostats, ensuring efficiency and ease of management. Located near Clasky Park and the T-station access bridge. On-site Property Management Company.
11,242 Sq Ft
3,999 Sq Ft Lot Size
Investment
$9,329 Annual Tax
Built in 1896
MLS/Listing ID 73410212
5 Stories
27 Units
Heating - Natural Gas
Tile
Vinyl
Natural Wood
Community - Park
Community - Public Transportation
Community - Shopping
Microwave
Oven
Lot - Corner Lot
Parking - Off Street
Community - Highway Access
Community - Laundromat
Community - Medical Facility
Granite
Dining Room
Refrigerator
Range
Source of Data: MLS PROPERTY INFORMATION NETWORK