Description
Turn key trophy 6 CAP property brownstone in the heart of Lincoln Park. Legal 4 unit building on a fully developed residential street, steps from Lincoln Ave, DePaul University, numerous parks, Whole Foods, restaurants and shopping and CTA trains with quick access to The Loop. Fully leased with an appealing blend of units producing strong income, always very easy to rent with no vacancies. Gross monthly rents of $11,200 with low taxes & low expenses makes this a perfect armchair investment. Recent rehab includes condo quality finishes in each unit, granite countertops, hardwood floors, and stainless steel appliances with a washer/dryer in each unit. Tenants pay utilities. Location perfectly suited for long term renters, never a vacancy, always easy and quick to rent.
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15BEDS
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N/AACRES
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7BATHS
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01/2 BATHS
Description
Turn key trophy 6 CAP property brownstone in the heart of Lincoln Park. Legal 4 unit building on a fully developed residential street, steps from Lincoln Ave, DePaul University, numerous parks, Whole Foods, restaurants and shopping and CTA trains with quick access to The Loop. Fully leased with an appealing blend of units producing strong income, always very easy to rent with no vacancies. Gross monthly rents of $11,200 with low taxes & low expenses makes this a perfect armchair investment. Recent rehab includes condo quality finishes in each unit, granite countertops, hardwood floors, and stainless steel appliances with a washer/dryer in each unit. Tenants pay utilities. Location perfectly suited for long term renters, never a vacancy, always easy and quick to rent.
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