Description
Investor Alert - Major Opportunity! Tax assessment of $359K and appraised for $292K with conventional financing 3 years ago. This vacant quadplex (two duplexes sold together: 1801 & 1713 66th St.) is priced to move and loaded with potential. Located near University Ave. and South Loop 289 just minutes from the Bayless Atkins neighborhood and Lowery Field"this property is ideally situated for both market-rate and Section 8 tenants. Property features: Central HVACS, Private fenced backyards, Individual electric meters, Off-street parking (4 spaces total), Shared courtyard layout. Previously rented for a total of $3,650/month, this property now sits fully vacant and ready for a new owner with vision. With some cosmetic repairs and solid property management, this becomes a strong cash-flowing asset. Seller is highly motivated and cannot maintain the property any longer. All reasonable offers will be considered. Don't miss this chance to pick up a multi-family deal with built-in equity and serious upside.
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8BEDS
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0.28ACRES
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4BATHS
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01/2 BATHS
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3,344SQFT
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$72$/SQFT
School Information
Description
Investor Alert - Major Opportunity! Tax assessment of $359K and appraised for $292K with conventional financing 3 years ago. This vacant quadplex (two duplexes sold together: 1801 & 1713 66th St.) is priced to move and loaded with potential. Located near University Ave. and South Loop 289 just minutes from the Bayless Atkins neighborhood and Lowery Field"this property is ideally situated for both market-rate and Section 8 tenants. Property features: Central HVACS, Private fenced backyards, Individual electric meters, Off-street parking (4 spaces total), Shared courtyard layout. Previously rented for a total of $3,650/month, this property now sits fully vacant and ready for a new owner with vision. With some cosmetic repairs and solid property management, this becomes a strong cash-flowing asset. Seller is highly motivated and cannot maintain the property any longer. All reasonable offers will be considered. Don't miss this chance to pick up a multi-family deal with built-in equity and serious upside.
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