Security gatesUpdated electrical including receptaclesCopper plumbingUpdated gas linesLed lighting fixturesIn-unit laundryGranite kitchen countertops
New price. Improved investor opportunity. 5-unit income property comprised of 2 separate buildings, featuring a desirable unit mix of (2) 3-bedroom units and (3) 2-bedroom units, along with 3 garages. Property features include copper plumbing, updated gas lines, ABS drainage for the plumbing in both buildings, updated electrical including receptacles, LED lighting fixtures, ceramic flooring throughout the units, security gates, and granite kitchen countertops. Both buildings have composition roofs with replaced roof sheathing. The property has tankless water heaters, along with separate gas meters and electrical panels. Units include in-unit laundry, with most appliances owned by the building. Fully occupied with consistent rent collection. Rents were recently increased, providing in-place income with remaining upside potential. Owner pays water and sewer. Located across from Elgin Sutton Recreation Center, the property offers a desirable setting that supports strong tenant demand. An attractive opportunity for investors seeking stable cash flow with strong in-place fundamentals.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.