About The Property

4-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY FEATURING 10 BEDROOMS AND 4 BATHROOMS WITH ESTABLISHED RENTAL INCOME. EXTENSIVE RENOVATIONS AND IMPROVEMENTS COMPLETED IN 2021-2022, INCLUDING NEW WINDOWS AND WINDOW LINTELS, UPDATED ELECTRICAL SERVICE WITH INDIVIDUAL CIRCUIT BREAKERS FOR EACH UNIT, ALL-COPPER PLUMBING, HIGH-EFFICIENCY HVAC, AND INDIVIDUAL 40-GALLON POWER-VENT WATER HEATERS. ADDITIONAL IMPROVEMENTS INCLUDE HARDWOOD FLOORING, UPDATED KITCHENS WITH GRANITE AND QUARTZ COUNTERTOPS, FENCING, REAR PORCH, CONCRETE WORK, AND AN UPDATED MAIN ENTRANCE. CLEAN BASEMENT WITH POTENTIAL FOR FUTURE USE, SUBJECT TO ZONING AND APPROVALS. WELL-MAINTAINED, SUBSTANTIALLY IMPROVED PROPERTY WITH MULTIPLE INCOME-PRODUCING UNITS AND LONG-TERM INVESTMENT POTENTIAL.
Courtesy of HomeSmart Connect LLC 847-495-5000
Listing Snapshot
Days Online
26
Last Updated
Beds
10
Lot Size
0.16 Acres
Year Built
1923
MLS Number
12751982
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Additional Details

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Basement
Unfinished, Full
Building
Built in 1923, Construction Materials: Brick
Community
Curbs, Sidewalks, Street Lights, Street Paved
Expenses
Electric: $360, Insurance: $4,000, Water/Sewer: $2,268
Exterior Features
Patio/Porch Features: Deck, Lighting
Fence
Fenced, Wood
Foundation
Concrete Perimeter
Garage
2 spaces
Heating
Natural Gas, Forced Air
Income
Gross Income: $76,200, Net Operating Income: $65,400
Lot
0.16 acres, Dimensions: 7048 SQ FT
Parking
2 total parking spaces, Carport, Yes, Garage Owned, Detached, Garage
Property
Other structures: Garage(s)
Roof
Asphalt
Sewer
Public Sewer
Taxes
Parcel Number: 20223140350000, Annual Amount: $4,105.54, Year: 2025, Zoning: MULTI
Utilities
Water Source: Lake Michigan, Public
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