Stop the Car, and take a closer look at this wonderful Value Add Opportunity! This Sensational Center Entrance 4 Flat offers massive upside potential for the savvy investor. The floor plans are huge with 3 bedrooms, 1 bath apartments, tall ceilings, and 1200 sq… Read More ft per unit. There are two independent basement spaces in the basement with 7 ft ceilings in place, separate gas meters, electrical meters, as well as a front and rear dedicated entrance! The writing is on the wall and so with plans and permits, you can potentially legalize the garden basement spaces into your 2 extra units for a total of 6 apartments post rehab. This spacious brick buildings offers all 3 bedroom 1 bath apartments with 9 ft ceilings, original hardwood flooring, independent forced air heating systems-- no ac-- separately metered gas, and electrical. This is a value add opportunity and is being sold as is. There are 3 out of the 4 units currently leased, and so the offering is subject to existing tenancy which are all M_T_M. currently. There is a massive garage structure in place at the rear, and the lot size is 50 x 125. Images are of the one vacant unit, other units need more work but have exact same layout. Make this your next investment and create massive cash flow for yourself. Read Less
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Source: Midwest Real Estate Data (MRED)
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