Listed by Triton Realty Group LLC, Fulton Grace Realty
$1,825,000
8602 S Euclid Avenue
Details
APN 20363300170000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 19
Cap Rate 8.73%
NOI $165,866
Year Built 1960
Stories 3
Lot Size (SqFt) 7,805
Zoning MULTI
Multifamily | 8.73% CAP | 19 Units
Marketing description
Triton Realty Group LLC is proud to present 8602 S. Euclid, a yellow brick Tudor style 19 unit building located in the desirable south side neighborhoods of Avalon Park/Calumet Heights. All units are large 1bd's with separate dining rooms. Recent improvements include tear off shingle roof on Euclid side (2021), sealed flat roof (2024), insulated roof cavity throughout (2019), new insulated hot water main (2018), efficient steam boiler (2019), common area carpet (2022), painted stairwells, common area carpet in front and refinished steps and landings in rear stairwells, new electrical fixtures in front and rear stairwells, security cameras, security cameras (2020). Strong in place income of over 270k with room for growth. Quiet residential street but close to highway, parks and Lake Michigan
Listing Contacts
Listed by Triton Realty Group LLC, Fulton Grace Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,866.00
$13,822.17/mo
Valuation Metrics
0
DSCR
9.09%
Cap Rate
9.09%
ROI
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