• Earn 9 - 10%+ return-on-investment annually with this well-run residential rental property! • Building Type: 2-story 5-unit residential apartment building with vinyl siding and partial basement • Water & Sewer: Public • Heating: Oil-fired hot water • Roof: Asphalt shingle and membrane • Driveway & Parking: Gravel driveway with adequate off-street parking for tenants • Total Monthly Rent: $3620.00 (Includes heat, water, sewer, scavenger, and snow removal) Features: • Great, long-term tenants • Easy maintenance. • Passed Town of Hinsdale building inspection of January 4, 2020 with no violations. • Not located in a flood zone. The partial basement and crawlspace are always dry. • Located 0.3 miles from downtown Hinsdale and a nice laundromat. • Building has been consistently improved for greater fuel efficiency, structural integrity, and comfort. • All windows have been replaced with energy efficient models. • All portions of the roof are in good to excellent condition. • All appliances are 10 years old or less. • Virtually all plumbing has been replaced. • Occupancy has been 100% for last 11 years, except when kept vacant to make improvements. • All major work has been done, making this a great opportunity for a 1st time residential real estate investor. Apartments: • #1: $645 per month: 2-room, 1 bedroom with 3-season porch, 1 bath with shower. • #2: $725 per month: 2-room, 1 bedroom, 1 bath with shower. • #3: $625 per month: Studio, 1 bath with tub/shower combo. • #4: $850 per month: 4-room, 2 bedrooms, 1 bath with tub/shower combo. • #5: $775 per month: 3-room, 1 bedroom, 1 bath with shower. **5 years of financials + list of improvements available upon request**
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
