Stunning rehab of a historic 2 unit grey stone in Douglas Park. Huge 1st floor 3 bedroom 1 bath unit currently being rented by long time tenants paying $700 per month. Get a hold of this opportunity to make a great deal for yourself now! Duplex the basement with the 1st floor, tenants have agreed to pay $1,400/month! Look at this from one of two ways: 1.) 2nd floor unit is vacant and can easily get $900 per month with the right tenant. Because you are a smart and savvy buyer, you can see that $900 per month plus the $1,450 is an amazing 15% net cash on cash return! -OR- 2.) You live in one unit and let the rent from the other pay for your home! Just imagine all of the possibilities that exist for you in this property BUT only if you act RIGHT NOW and buy this building before someone else beats you to it! Many people talk about the things they want to do with their lives, not you... you on the other hand are a person of action and you know, this is a great deal when you see it.
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Listing information last updated on November 15th, 2019 at 9:36am CST.