Pamela Helmer
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
If turnkey cash flow is what you need, this solid investment has it! This 8-unit building is fully leased and generates a strong cash flow of $9,350 per month, which amounts to $112,200 annually. The low overhead costs are due to low taxes and tenant-paid utilities. The building features a clean basement with a coin laundry facility. It has been substantially updated and well-maintained, as evident from the pictures. This is a rare opportunity for an investor seeking a reliable and consistent return on investment. The building is located near Western Avenue and offers great workforce housing. It is surrounded by blocks of single-family brick bungalows. This is an ideal investment opportunity for an investor who wants a solid and consistent ROI. The building is investor-owned and professionally managed, making it an easy investment. Unit 8, the corner storefront, is currently leased for $1,500 per month.
Property Highlights
Property Type: Multi Unit - Retail
General Information
Sqft: 11,340
County: Cook
Listed By:
Exit Strategy Realty / EMA Management
312-767-0572
MRED MLS
MLS ID: 12746676
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2433 W Lithuanian Plaza Court, Chicago, IL 60629.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $699,000 | $699,000 | $699,000 |
| Down Payment | $139,800 | $24,465 | $174,750 |
| Monthly Mortgage Amount | $3,535 | $4,338 | $4,389 |
| Taxes | $973 | $973 | $973 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $308 | $0 |
| Monthly Estimated Total | $4,712 | $5,823 | $5,566 |
Pamela Helmer
REALTOR®
CNE, CRS, ABR, PSA
Cell: (563) 213-2636
Licensed in IA & IL
Dubuque Office
600 Star Brewery Drive
Suite 300
Dubuque, IA 52001
(563) 583-4550
Suite 300
Dubuque, IA 52001
(563) 583-4550
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