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Larmon Cummings Jr
  • Flipper/Rehabber
  • Chicago, IL
153
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319
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SOUTH CHICAGO CASH FLOWING TOWNHOUSE AT WHOLESALE PRICING!!

Larmon Cummings Jr
  • Flipper/Rehabber
  • Chicago, IL
Posted Feb 28 2018, 09:57

                                          Solid Brick Townhouse In Quiet South Deering Area!!

Here is another off-market cash flowing rental property that can be added to your portfolio. Property sits near public transportation, major expressways, shopping centers, and much more. Property is currently rented by tenant that has lived in the property for several years, doesn't want to leave, and takes great care of the property as can be seen from the pictures. Property has recent updates in the kitchen and bath, newer exterior security doors, new furnace and HWT, newer windows, and tuck-pointing around exterior of property. Not sure how long this will last, so contact me today if interested. 

Address: 9803 S. Clyde Blvd. Chicago, IL. 60617 *South Deering Area
  • 2bd 1ba
  • Brick Townhouse
  • Full U/F basement
  • No garage, side driveway

Asking: $33k +cc

Rent: $750/mo
  • Tenant on m-2-m lease
  • Pays heat and gas

As-Is Value: $37-40k **Valuation factors in income being generated**

Repairs: $8-10k **Not needed immediately**

  • Misc. cosmetic repairs inside from normal tenant wear and tear
  • Roof could use another layer of shingles

CMA Link:

http://cloudcma.com/pdf/e6042d54709b088d95c1e1e16e...

Dropbox Link To View Pictures: 

https://www.dropbox.com/sh/u0bn0s1a8byevm9/AAD5MEq...

ACT FAST, THIS WILL NOT LAST LONG!!! THE FIRST ONE WITH A SIGNED CONTRACT AND EARNEST MONEY GETS THE DEAL!!!!

We have equitable interest in the property and we are selling our contract.

Cash or private/ hard money only. We have lender referrals ready to lend- contact us.

Buyer pays ALL closing costs which include transfer taxes, title insurance, and title company fees.

Buyer will receive taxes prorated at 100% with a free and clear title. Property being sold "As-Is" with no warranties by Seller.

Please do all of your inspections and due diligence up front before contracting. FEEL FREE TO DRIVE PAST BUT DO NOT DISTURB TENANTS.

Proof of funds required for viewing.

Do you know someone that would buy this deal?? Please forward this email as we do compensate for referrals.

If you have a property you want to get rid of, want a quick sale, and need a buyer-contact us today.

For showings email: [email protected] or text (708) 304-3129

**WE HAVE A CONSTRUCTION TEAM THAT IS LICENSED, BONDED, AND INSURED READY TO GIVE YOU A FREE ESTIMATE TODAY**

Offering