Incredible income and cash flow in this Evanston 3 - unit investment property close to Northwestern's campus. 2 - three bedroom units plus 1 - four bedroom apartment provides over $85k in annual gross income fully rented. Units offer great space and flow with layouts and bedroom sizes perfect for roommates. Well maintained building provides nice vintage feel with plenty of quality updates over the years. Completely rebuilt back stairs and private back porches with composite decking for each unit. Gas forced air furnaces in all units. Myriad additional updates including new roof (2015), windows, bathrooms, mechanicals, windows, appliances, carpet and more! Private storage rooms for each unit including an owner closet and tenant laundry room in basement. Rents include free laundry, water, scavenger and partial furnishings which will remain with a sale. Owner also pays common electric and common gas for water heater. Units separately metered. Tenants pay unit electric and gas. All 3 units fully rented for 2023-2024 school year. Incredible location close to Northwestern University campus, downtown Evanston, Evanston Hospital, Lake Michigan, Foster St. CTA Purple Line and buses.
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For more information about 1119 Garnett, Evanston, IL 60201 contact Corcoran Urban Real Estate.
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