Ideal investment opportunity with minimal cost to help generate a tremendous return on investment. 193 Schaefer is a Two-Family home with the Garden apartment and basement utilized as a duplex with 2.5 Bedrooms and two full bathrooms and private outdoor space while the 2nd Floor apartment is a full floor unit with Two Bedrooms and One bathroom. The total gross monthly income for both apartments are $4,320.00 and annual income of $51,840.00. The building can also be delivered vacant and with the ability of monthly income of $5,000.00 +! In the last two years, the seller has made several capital improvement such as adding a new boiler, refinished and re-eleveted the basement, Added new tile flooring and upgraded the furnace. The building can be built up to 3,000 square feet so additional buildable square footage still to be utilized. 193 Schaefer Street is Two Blocks from the L Line and steps away from the many coffee shops, restaurants and retail stores on Wilson Avenue.
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