Property Description

Building completely renovated top to bottom!This is a great opportunity to buy a well-maintained investment property!Solid 2-story brick building in North Riverdale neighborhood;Located in strong rental neighborhood, close to parks, bike path, and bus routes;Four 2-bedroom apartments;Updates include:• New roof • New gutters and downspouts • Freshly painted exterior trim • Vinyl replacement windows • All new electrical panels • 4 new gas furnaces • 4 new gas water heaters • New flooring and fresh paint in interior common areas;All apartments updated: • new kitchen and bathroom cabinets and fixtures• new carpet and vinyl flooring• fresh paint• new refrigerators and electric ranges• new window A/C units• new paddle fans; Each tenant has access to a locked storage bin in basement;Plumbing and electric service available for each unit to have individual washer and dryer hookups in basement at tenants’ expense;Off-street parking in rear lot;Tenants pay gas and electric; landlord pays water/sewer and trash removal;All units vacant and ready to rent; HUD Section 8 Housing Choice Voucher program allows up to 1,284/month for 2-bedroom units in this zip code; this property easily generates positive cash flow

Property Features

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