Fantastic investment opportunity! Three houses, plus a coach house & additional detached garage, on a massive lot has the potential to generate great cash flow! Property is large enough to be sold off in portions or to build more homes on site to increase income. Currently with potential for six or more rental units altogether! Two larger homes on the front of the property feature potential for four rental units & each has attached garages. One smaller cottage in the middle of the lot is currently an individual rental unit. Additional buildings include a coach house & a detached garage. Ample parking lots provide room for up to 15 cars to park. Sold “As Is.” Value in the size & expansion opportunity that this property provides. Buyer is responsible for independently confirming all information regarding property. Property dual-zoned for residential & business, due to this best that cash is used to complete transaction. Can build a self storage unit or more multi units.
8 bed 4 bath 1.5 acres
Asking Price $295,000 EMD $5,000
Current rents $4125 6 units occupied 1 vacant
Potential rents $8260
FMR per hud for one bed $1,050 and $1,200 for two beds.
Great investment opportunity!! Sold as is. No survey, no termite, no disclosures. Buyer resp for any/all inspections, compliances, and escrows as needed. Email all offers w/ proof of funds or prequal letter. EM MUST be certified $2000 min. Great opportunity. CALL DJ or Jay 312-465-1577 OR EMAIL Offers ASAP To: JointCapital360@gmail.com BASIC TERMS: Accepting offers Cash or Hard Money only Closing at Fidelity Title LLC A contract and nonrefundable deposit will lock up the deal. Buyer is to do their own due diligence and verify all information for accuracy. Buyer pays all closing costs. AGENTS: please add your fee to net price paid for by the Buyers WHOLESALERS & OTHER INVESTORS: Please do not market this contract without our consent 1st!! If you are not the Buyer, but your have Buyers please let us know upfront. We are open to partnerships. However before you market to your Buyers you MUST get permission from us first! NO EXCEPTIONS! Email or call us RIGHT NOW 312-465-1577! WON’T LAST LONG! Great opportunity. CALL DJ or Jay 312-465-1577 OR EMAIL Offers ASAP To: JointCapital360@gmail.com Showing TBD! **If you prefer not to bid against other investors, offers will be considered before showing date. If accepted, contract will be assigned and a private walkthrough will be scheduled.** Make your offer BEFORE we send it out to the public! DISCLAIMER: Do your own due diligence. The information listed is deemed reliable but not guaranteed. Please send POF along with your contract offer. The buyer pays closing cost and will receive a clear title at closing.