Generational opportunity to own this Large corner L shaped all brick 17 unit apartment building with 8 parking spaces. Entire property underwent an up zoning change to B2-3 and a fully permitted gut rehab in 2021. Everything in building is brand new..roof, windows, doors, plumbing, electric, kitchens, baths etc. Full list of features in additional info. All leases were originated in spring/summer of 2021 and as of this listing all have renewed. This translates to very low turnover costs and no vacancies. Couple that with very low maintenance costs in the foreseeable future and you see why this investment property is a massive cash cow for generations to come! Upside potential already exists in raising rents, raising parking rents and adding coin op laundry.

Listing Courtesy of MRED as distributed by MLS Grid of Homesmart Connect LLC 312-500-5040



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Data last updated: 2023-01-30 09:00 PM UTC
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