Description
Bring offers! Motivated seller also offering 1% toward rate buydown, with partnering lender offering another 1% for 2% reduced rate in year 1 and 1% in year 2. See Transaction Desk for details. Quadplex is located within 2 miles of Bishop Arts. Situated in Winnetka Heights, the property features all 1 bed, 1 bath units with wood floors. Three out of 4 units are updated with granite countertops, kitchen backsplash, two-tone paint, and more. Roof replaced in 2021. When including utility and pet income, total gross rents are as follows: Unit A ($1,270), Unit B ($1,460), and Unit C ($1,510). Unit D is vacant, providing an opportunity for a new owner to bring rents up to market or live in one unit. Tenants pay for their own electricity and are billed back $75 for water, sewer and trash. There is potential to explore adding one more unit or a laundry facility by converting the storage unit in the back. See Transaction Desk for Rent Roll, repairs, seller expenses and survey.
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4BEDS
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0.18ACRES
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4BATHS
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01/2 BATHS
School Information
Description
Bring offers! Motivated seller also offering 1% toward rate buydown, with partnering lender offering another 1% for 2% reduced rate in year 1 and 1% in year 2. See Transaction Desk for details. Quadplex is located within 2 miles of Bishop Arts. Situated in Winnetka Heights, the property features all 1 bed, 1 bath units with wood floors. Three out of 4 units are updated with granite countertops, kitchen backsplash, two-tone paint, and more. Roof replaced in 2021. When including utility and pet income, total gross rents are as follows: Unit A ($1,270), Unit B ($1,460), and Unit C ($1,510). Unit D is vacant, providing an opportunity for a new owner to bring rents up to market or live in one unit. Tenants pay for their own electricity and are billed back $75 for water, sewer and trash. There is potential to explore adding one more unit or a laundry facility by converting the storage unit in the back. See Transaction Desk for Rent Roll, repairs, seller expenses and survey.
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