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About the Listing 12555 - 1009972
Solid investment opportunity with strong in-place cash flow and upside potential. Legal 4-unit building with the ability to convert to a 6-unit by completing the basement studios. Currently generating approximately $4,000/month in gross income, with additional upside once the vacant unit is rented and basement units are completed. All leases include a 30-day vacancy clause upon sale. Major CapEx items have already been completed; remaining work is primarily cosmetic. Property features separate, newer high-efficiency furnaces and hot water heaters for each unit, separate electric panels and gas meters, newer windows, and a roof and gutters approximately 2 years old. Laundry located in the basement. Configuration consists of 1 bed / 1 bath units. Five units are currently occupied: Ideal value-add opportunity for investors seeking stable cash flow with future upside.
Interior Details
- Bedrooms: 4
- Bathrooms: 5 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Unfinished,Full
- Other:
- Water: Lake Michigan,Public,Shared Well
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 34 X 125
- Zoning: MULTI
- Roof: Rubber
- Others:
- Sewer: Public Sewer
- Parking Features: Unassigned,Yes,Owned
Financial Details
- Tax Amount: $10,753
- Taxes w/Assessments: N/A
- Tax/Property ID: 29084100090000
- Tax Year: 2022
Payment Calculator
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Questions About..
272 E 148th St Harvey, IL 60426
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