12 pictures
House
·
for sale
USD 289,000
3278 W 117th Street
Cudell
· 6 Bedrooms · 2 Baths · House
· Cellar
Cudell · 6 Bedrooms · 2 Baths · House · Cellar
Cash cow*. This three-unit property delivers exceptional income potential. The building features two fully renovated three-bedroom apartments, with a pristine basement that includes an efficiency area with laundry. There is also a commercial storefront currently leased at $1,000 per month (tenant has not yet taken occupancy). The property has been well maintained, including a brand-new roof installed just six months ago. Even the basement is in excellent condition, offering clean and usable space. Based on fair market rents exceeding $1,700 per unit for the apartments, the total monthly income potential approaches $4,400—making this a compelling opportunity at a VERY FAIR price point. With strong cash flow potential and valuable tax advantages, this property is well-suited for investors seeking reliable passive income or a long-term addition to a retirement portfolio. Priced competitively to reflect minor exterior cosmetic updates needed, this is a high-upside investment with solid fun
Cash cow*. This three-unit property delivers exceptional income potential. The building features two fully renovated three-bedroom apartments, with a pristine basement that includes an efficiency area with laundry. There is also a commercial storefront currently leased at $1,000 per month (tenant has not yet taken occupancy). The property has been well maintained, including a brand-new roof installed just six months ago. Even the basement is in excellent condition, offering clean and usable space. Based on fair market rents exceeding $1,700 per unit for the apartments, the total monthly income potential approaches $4,400—making this a compelling opportunity at a VERY FAIR price point. With strong cash flow potential and valuable tax advantages, this property is well-suited for investors seeking reliable passive income or a long-term addition to a retirement portfolio. Priced competitively to reflect minor exterior cosmetic updates needed, this is a high-upside investment with solid fun
USD 289,000