Attention Investors and House Hackers!!! Legal Brick 4 Unit in Red Hot Avondale/Old Irving Park. This Cash Cow grosses an incredible $106,000/year and yields a 8% Cap Rate. Live in one unit and let the rest of the building pay your mortgage or add to your portfolio for a long term hold. Great unit mix of (3) 3bd 1ba and (1) 2bd 1bas. Units have been updated throughout but keep their Vintage Style and Charm with Beautiful Original Woodwork, Doors and Fireplaces. Current owner has done many significant improvements to the property including Roof tear off, Tuckpointing, Solar Panels, Mitsubishi Mini Split HVAC systems and more. Coin Laundry brings in additional income. Fully Furnished Units Ready Made for AirBnB. Building Furniture included in sale. Spacious Two Car Garage equipped with Electric to Charge an EV using your Solar Energy. Grass yard rounds off the back of the building. Fantastic Location on a Quiet Tree Lined Street walking distance to Logan Square, Belmont Blue Line Stop, Grayland Metra Station, Kilbourn Park, Schools, Restaurants, Shopping and more! FHA buyers welcome!!!
Pro Forma Cap-Rate