ASSUMABLE FHA MORTGAGE at 5.125! Rare opportunity to purchase a high income producing legal 4 unit on an oversized 37.5x127 lot in Dunning! The property consists of two 2 bed/1 bath units, one 1 bed/1 bath unit, and one studio. A mix of units have been upgraded to vinyl floors, backsplashes, and stainless-steel appliances. Very attractive building with separate utilities and tenants paying for their own gas and electric. Each unit is equipped with individual furnaces/wall heaters and hot water tanks. New main roof layer, newer garage roof tear off, copper water lines, 200 amp electrical, sump pump, two sets of coin laundry machines, security system, and individual caged storage units for tenant convenience. Huge brick 2 car garage includes additional attached storage for extra income. PRIME LOCATION making it easy to rent! Near the HIP Mall, Harwood Heights shopping district, Wright College, and just 10 minutes from the highway. Current assumable loan balance is 424K. Owner occupancy required for assumption.
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For more information about 3912 N Nottingham, Chicago, IL 60634 contact Corcoran Urban Real Estate.
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