TURNKEY BRICK 6BD/2BA 2-FLAT PP$75K ARV$185K

[Melsi Bifsha]

5536 S Bishop St, Chicago IL 60636
North edge of West Englewood, Cook County

DISCOUNTED PRICE: $75,000

REPAIR Estimate: $5,000
Estimated ARV: $185,000
LARGE EQUITY AS-IS Estimated at $115,000
AS-IS ROI 11%

PROPERTY INFORMATION
This Brick 6BD/2BA 2-Flat is already rehabbed. Both 3BD/1BA units are occupied MTM, below market. There are no issues with this property; everything works. Huge as-is equity estimated at $115,000. Owner is liquidating. 

PROPERTY DETAILS
Property Type: Brick,

2-Flat


Year Built: 1905


Rehab Estimate: $5,000
ARV: $145,000


Beds / Baths: 6/2


Sq.Ft: 2,294
Sq.

Ft Lot: 3,125


Basement: Yes, unfinished
Garage: No
Recent Upgrades: Kitchen cabinets, tubs, toilets, flooring, HVAC, rehabbed etc 
Current Rent: Fully occupied total $1,400, month to month
Potential Rent: $2,200
MONTHLY EXPENSES
Taxes: $55/mo
Water: $50/mo
Heat: $0/mo (Tenant pays)
Electricity: $30/mo
Garbage: $20/mo
Insurance: $55/mo

PICTURES


https://www.dropbox.com/sh/m3j83r6wez900h4/AACYJWz...

SOLD COMPARABLES


https://www.redfin.com/IL/Chicago/1517-W-Garfield-...


https://www.redfin.com/IL/Chicago/1408-W-Garfield-...


https://www.redfin.com/IL/Chicago/5543-S-Throop-St...


We can help with local contractors, lenders, and property management.

We have equitable interest in the property and we are selling our contract. Property is being sold as-is, where-is. All figures expressed either verbally or in marketing material is an estimate. There are no guarantees or assumptions, either made or implied. 
 
CASH or PRIVATE/HARD MONEY BUYERS only. Email POF in order to view the property. $2,500 NON-REFUNDABLE earnest money check is required to secure the contract. Buyer pays ALL closing costs. Buyers conduct their own due diligence prior to contracting. 


Real Estate Investor

Cash Cow Group

Melsi Bifsha

Tel:773-968-8891

www.cashcowgroups.com

[email protected]