GMC Realty LTD
Listed by GMC Realty LTD
$499,000
525 25th Avenue
Details
APN 15103080280000
Property Type Multifamily
Sub Type Apartment Building
Year Built 1953
Acreage 4958.000
Multifamily
Marketing description
Exceptional opportunity to own a beautifully updated legal 3-unit investment property in the heart of Bellwood. Whether you're expanding your investment portfolio or looking to owner-occupy while generating rental income, this property offers the perfect combination of immediate cash flow and long-term appreciation potential. The building has been updated with modern finishes throughout, including refreshed kitchens, updated bathrooms, contemporary lighting, fresh paint, and new flooring in select areas. Each unit offers bright, spacious living areas designed to attract quality tenants while minimizing immediate maintenance expenses. Current rental income is already impressive, with the garden apartment leased at $1,650/month, the first-floor unit leased at $2,000/month, and the second-floor unit projected to rent for approximately $2,200/month, creating a total potential gross rental income of $5,850 per month or over $70,000 annually. Bellwood has experienced steady rent growth in recent years, making this property an attractive opportunity for investors or homeowners seeking both immediate income and future upside.
Listing Contacts
GMC Realty LTD
Listed by GMC Realty LTD
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