π Investment Opportunity Alert! π
π Nestled in Calumet City, IL, this impressive 12-unit building awaits savvy investors! π’
π Property Specs:
- 4 x 2 Bedroom Units ποΈ
- 8 x 1 Bedroom Units ποΈ
- 16 Bedrooms Total | 12 Baths πΏ
- Sturdy Construction: Wood Frame, Brick, Vinyl & Aluminum Siding ποΈ
- Spacious 8,000 sqft. Total Area
π° Financials at a Glance:
10% cap rate
Monthly Rents: $14,143 π΅
- Gross Operating Income (GOI): $169,716/yr πΈ
- Updated Plumbing (2020) π οΈ
- Section 8 and Payment Assistance Program Accepted βοΈ
π Additional Figures:
- Sales Price: $845K
- Annual Property Tax: $29,339
- Landscaping/Snow Removal: $2,512/yr
- Utility Expenses: $14,778/yr
β¨ Built in 1960, this property has withstood the test of time, proving to be a lucrative asset with a consistent rental income stream. Poised for growth and open to various tenant payment programs, this investment could be the cornerstone of your portfolio.
π Don't miss out on this chance to expand your real estate empire! For detailed analysis and investment insights, DM us now! π₯
Offering