Description
Welcome to 4919 W. Adams St., a fantastic opportunity for savvy investors looking to add a profitable asset to their portfolio. This remarkable 6-unit brick building, occupied with CHA tenants, offers an exceptional investment in a prime location. Each of the six units boasts an impressive layout featuring 3 bedrooms and 2 bathrooms, providing ample space for residents to enjoy. The entire building has undergone a meticulous gut rehab, carried out with approved plans and permits, ensuring top-notch quality and compliance with regulations. One of the standout features of this property is that all units have separate utilities and gas forced air, promoting convenience and efficiency for both the tenants and the owner. This thoughtful design allows for seamless management and easy maintenance. Speaking of management, the existing property management team is ready to support the new buyer, offering their expertise to oversee the day-to-day operations of the building. This commitment ensures a smooth transition process, allowing you to focus on maximizing your investment. Not only is this property well-managed, but it also benefits from low real estate taxes, contributing to its impressive potential for long-term profitability. With a cap rate of 11%, this investment property offers an attractive return on investment, making it an excellent addition to any portfolio. Situated on a desirable block in a great location, this building is surrounded by amenities, including shopping, dining, parks, and more. Its prime position ensures strong demand from tenants, further solidifying its investment value. Don't miss out on this incredible opportunity to acquire an occupied 6-unit brick building with CHA tenants, complete with a gut rehab, separate utilities, an experienced property management team, and low real estate taxes. With its exceptional cap rate of 11%, this property is a must-see for astute investors. Schedule your private showing today and secure your future in real estate.
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School Ratings & Info
Description
Welcome to 4919 W. Adams St., a fantastic opportunity for savvy investors looking to add a profitable asset to their portfolio. This remarkable 6-unit brick building, occupied with CHA tenants, offers an exceptional investment in a prime location. Each of the six units boasts an impressive layout featuring 3 bedrooms and 2 bathrooms, providing ample space for residents to enjoy. The entire building has undergone a meticulous gut rehab, carried out with approved plans and permits, ensuring top-notch quality and compliance with regulations. One of the standout features of this property is that all units have separate utilities and gas forced air, promoting convenience and efficiency for both the tenants and the owner. This thoughtful design allows for seamless management and easy maintenance. Speaking of management, the existing property management team is ready to support the new buyer, offering their expertise to oversee the day-to-day operations of the building. This commitment ensures a smooth transition process, allowing you to focus on maximizing your investment. Not only is this property well-managed, but it also benefits from low real estate taxes, contributing to its impressive potential for long-term profitability. With a cap rate of 11%, this investment property offers an attractive return on investment, making it an excellent addition to any portfolio. Situated on a desirable block in a great location, this building is surrounded by amenities, including shopping, dining, parks, and more. Its prime position ensures strong demand from tenants, further solidifying its investment value. Don't miss out on this incredible opportunity to acquire an occupied 6-unit brick building with CHA tenants, complete with a gut rehab, separate utilities, an experienced property management team, and low real estate taxes. With its exceptional cap rate of 11%, this property is a must-see for astute investors. Schedule your private showing today and secure your future in real estate.
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Based on information submitted to the MRED as of 2023-05-31T08:58:38.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
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