Keller Williams ONEChicago
Listed by Keller Williams ONE Chicago, Keller Williams ONEChicago
$575,000
1838 W 65th Street
Details
APN 20192100400000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
Cap Rate 12.20%
NOI $69,883
Year Built 1922
Stories 2
Lot Size (SqFt) 4,514
Zoning MULTI
Multifamily | 12.20% CAP | 6 Units
Marketing description
All Brick, corner, 6-unit apartment building featuring two 3-bed/1-bath units and four 2-bed/1-bath units. Many updates throughout. All six units have been modernized in the last five years. The building has a new roof and partial parapet rebuild. Individual furnaces, tenants pay their own gas and electric. Pro-forma rents of $90,000/year and low overall expenses generate $69,883 NOI ~ which translates to a 12.2 CAP rate. Coin-operated laundry in basement. Several new furnaces. Contact Broker for more details. Agent Owned.
Listing Contacts
Keller Williams ONEChicago
Listed by Keller Williams ONE Chicago, Keller Williams ONEChicago
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$69,883.00
$5,823.58/mo
Valuation Metrics
0
DSCR
12.15%
Cap Rate
12.15%
ROI
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