ASSUMABLE VA MORTAGE AT 2.75%! VA Mortgages do not have PMI and non-veterans can assume them! Extremely rare opportunity to purchase an updated brick 4 unit on an oversized lot in Avondale with high cash flow potential from ASSUMING THE MORTGAGE. Keep the ultra-low rate and capitalize on a huge opportunity to have very minimal living expenses as you live in one unit and rent out the other three. The building consists of (3) 2 bed 1 bath above grade units, and a 4th non-conforming garden unit with 3 beds 1 bath. Hardly anything to do as all units have many updates! Property has newer silver coat on roof, newer vinyl windows, 2 units with furnaces and central AC, coin laundry, sump pump, mostly copper water lines, 5 storage units, and 2 car garage with newer motor. Unit 2 just finished a gut rehab. Current tenants are month to month and far under market rate. Amazing location that is walking distance to Milwaukee Ave with nearby coffee shops, Restaurants, and Avondale bowl. We may never see 2.75% interest rates ever again! Don't miss this exceptionally rare opportunity. Owner occupancy required for assumption.
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For more information about 3115 N Davlin, Chicago, IL 60618 contact Corcoran Urban Real Estate.
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Listing provided by Greystone Realty
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