Incredible investment opportunity in the highly desirable 19th Ward Neighborhood! This versatile property is perfect for adding to your portfolio or starting strong. Currently generating a potential gross income of over $45,000 per year—with room for even greater earnings—this asset is a smart buy. Three of the four units are already rented to reliable tenants, while the largest unit is vacant and ready for your tenants. The largest vacant 2 bedroom unit is spacious and has previously been utilized as a 3 bedroom. You have the flexibility to set your own rent and maximize your returns, achieving a cap rate of 17% or higher. Features include four spacious units, a brand-new tear-off roof, and convenient off-street parking. Located close to public transit and major expressways, this property offers excellent access and growth potential. Don’t miss out on this prime investment opportunity!
5,696 Sq Ft
6,300 Sq Ft Lot Size
multi family
$6,294 Annual Tax
Built in 1970
MLS/Listing ID R1646104
2 Stories
4 Units
Heating - Baseboard
Heating - Gas
Heating - Hot Water
Block
Laminate
Construction - Wood Siding
Style - Fourplex
Gas Water Heater
Parking - Twoor More Spaces
Lot - Near Public Transit
Lot - Rectangular Lot
Carpet
Hardwood