About The Property

Welcome to 6712 South Wabash Avenue, a 4-unit plus garden property offering tremendous potential for both immediate income and long-term growth. Situated on a spacious double lot, this property provides not only ample space for tenants but also room for expansion, creative development, or future value-add opportunities. Currently, the building is generating a sustainable income stream, with strong rental demand in the area and just one unit left to be fully rented. Once fully occupied, the property projects a healthy cash flow, exceeding $60,000 per year. This makes it an excellent choice for both first-time investors and seasoned landlords looking to grow their portfolios with a high-performing asset. The double lotRead MoreRead Less
Courtesy of Coldwell Banker Realty [email protected]
Listing Snapshot
Days Online
6
Last Updated
Property Type
Two To Four Units
Beds
9
Year Built
1898
MLS Number
MRD12471061
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Additional Details

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Basement
"Unfinished", "Walk-Up Access", "Walk-Out Access"
Building
Construction Materials: "Brick", Built in 1898, Rebuilt: No
Heating
"Natural Gas"
Lot
Dimensions: 165x50
Parking
Parking Total: 2, "Off Alley", "On Site", "Owned"
Roof
"Flat"
Sewer
"Public Sewer"
Utilities
Water Source: "Public"
Taxes
Annual Taxes: $3,798, Year: 2023, Exemptions: None
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30 Days Snapshot Of 60637
$269k
-34%
(avg) sold price
12
-42%
homes sold
56
+36%
(avg) days on market
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Monthly Payment
$0

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