Rarely available! Well maintained 5 unit brick building located on tree lined residential street. All five units have two bedrooms and individual forced air furnaces (tenants pay for gas heat), wall air conditioning units. The units have been recently renovated - including new or refinished hardwood floors, updated kitchen cabinets and appliances, and updated bathrooms. Two car attached garage and four additional outdoor parking spaces. Renovated laundry room with coin operated washers/dryers and storage in the basement. The units rent very quickly and are always occupied. Owner replaced the hot water heaters and changed all the water lines to copper in 2016. Gross rental income of $71,000 minus real estate taxes $13,251 minus building operating expenses of $8,465 = net operating income of $49,285. Neighborhood park located directly behind the building.
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For more information about 1403 Dobson, Evanston, IL 60202 contact Corcoran Urban Real Estate.
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