Over $112000 (market $151, 200) In Annual Rents. Rents Currently Below Market Value By $200 P/B Yet Still A 5% Cap Rate. Take Advantage Of This Opt To Own A Stately Lakeview 4-flat In Burley School District; Raise Rents To Market And Receive 7-9% Cap Rate. Fourteen Beds. Total Rent Income Monthly $9400 (market 12, 600/$151, 200 Annual Market) First Floor Units Nicely Renovated And Duplexed Down w/ In-unit w/D. All Units Are Beautifully Renovated And In Great Shape. Each Unit Has Own Heating/Cooling/Electric & Pay Utilities. All Have Central Air/Hvac. High Basement Ceiling Height. Solid Brick Building That Has Been Well Maintained. Additional Storage Units In Basement. Very Well Maintained Building.
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For more information about 1456 W Fletcher, Chicago, IL 60657 contact Corcoran Urban Real Estate.
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Listing provided by Berkshire Hathaway HomeServices Chicago
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