Excellent fully occupied turnkey armchair investment opportunity bringing in $3,108 in gross rent per month! 7.98% cap rate including property management fees and estimated 5% vacancy loss. Property management company in place and willing to stay on. Tenants pay electric, gas, and heat with individual hot water tanks and furnaces in each unit. Washer/dryer hookups in each unit! Property was built in 2005 and appears to be in good condition. Conveniently located across the street from a playground. Estimated cash on cash ROI of 20.09% / year!
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Heating Gas, Forced Air
Water Lake Michigan, Public
Listed at $249,900
Status changed to Under Contract
Status changed to Expired
Status changed to Closed
Sold at $235,000
Last Modified 1/4/19 2:34 PM
I 94 East
I 94 West
I 90 East
I 90 West
For More Information
For more information about 6959 S Princeton, Chicago, IL 60621 contact Urban Real Estate.
Listing provided by Homeriver Illinois LLC
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