Listed by HomeSmart Connect LLC
$529,000
1536 W 70th Street
Details
APN 20203160430000
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Units 6
NOI $53,400
Year Built 1917
Stories 3
Zoning MULTI
Multifamily | 6 Units
Marketing description
Exceptional investment opportunity in West Englewood! This fully occupied 6-unit brick building offers immediate rental income and strong long-term investment potential. The property features a desirable unit mix of TWO spacious 3-bedroom apartments and FOUR well-maintained 2-bedroom apartments. Each unit is equipped with forced-air heating, and the full unfinished basement provides excellent potential for additional storage or future improvements. An added advantage is the adjacent side lot offering exceptional redevelopment potential. The addition lot may provide the opportunity to build townhomes, another residential building or expand the existing property, making this an attractive option for investors looking to maximize future value. Whether you're expanding your portfolio or acquiring a solid income-producing asset, this property is a must-see. Conveniently located near public transportation, parks, schools, and neighborhood amenities. Property is being sold As-Is.
Listing Contacts
Listed by HomeSmart Connect LLC
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$53,400.00
$4,450.00/mo
Valuation Metrics
0
DSCR
10.09%
Cap Rate
10.09%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
