About The Property

Exceptional investment opportunity in the heart of Woodlawn! This fully occupied, income-producing 3-unit building offers a rare combination of strong cash flow, modern amenities, and significant future upside. Currently generating $5,931 per month in rental income with below-market rents (3rd floor tenant vacating in July), the property presents an excellent opportunity for increased revenue through future rent adjustments. Renovated in 2018, the building features an attractive unit mix of two spacious 2-bedroom, 2-bathroom units (2nd floor includes bonus room) and one oversized 3-bedroom, 2-bathroom unit. Each apartment is equipped with central air conditioning, in-unit washer and dryer, and separately metered utilities; tenants pay all utilities except water which minimizes operating expenses for ownership. Additional featuresRead MoreRead Less
Courtesy of L. Upshaw Realty [email protected]
Listing Snapshot
Days Online
6
Last Updated
Property Type
Two To Four Units
Beds
8
Year Built
1894
MLS Number
12676628
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Additional Details

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Basement
"Unfinished", "Full"
Building
Construction Materials: "Brick", "Stone", Built in 1894, Rebuilt: No
Exterior Features
Features: "Fire Pit"
Garage
2 spaces
Heating
"Natural Gas"
Lot
Dimensions: 3,225 square feet
Parking
Parking Total: 2, "Yes", "Detached", "Garage"
Sewer
"Public Sewer"
Utilities
Water Source: "Public"
Taxes
Annual Taxes: $7,054, Year: 2024
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30 Days Snapshot Of 60637
$493k
+28%
(avg) sold price
10
-54%
homes sold
127
+164%
(avg) days on market
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Monthly Payment
$0

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