Introducing 3129-31 W. Augusta Blvd., a rarely available, 13-unit multi-family property directly facing picturesque Humboldt Park. Professionally managed this stabilized investment property offers great in place cash flow and future upside. The building has an excellent unit mix of seven (7) 1-bed & 1-bath apartments, six (6) 2-bed & 1-bath apartments, and one (1) non-conforming, 2-bed & 2-bath garden apartment. All units have been meticulously renovated (2017-2018), featuring updated kitchens and bathrooms complete with granite counter-tops and stainless steel appliances. In addition to its cosmetic finishes, the building received numerous capital improvements including: tenant paid heat and electric, a new roof, plumbing, windows, coin laundry room, and a new porch system. 3129-31 W. Augusta Blvd. presents an opportunity to acquire a renovated asset with great in-place cash flow in a premier Humboldt Park location. An investor can unlock greater returns by gradually increasing rents to higher market levels over time, providing a solid cash-on-cash return for years to come.

Listing Courtesy of MRED as distributed by MLS Grid of Triton Realty Group LLC mfritzshall@yahoo.com



Based on information submitted to the MLS GRID as of 2024-09-21 05:10 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-09-21 05:10 AM UTC
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