3913 W. Division
| Multi-Residential - Current Operating Returns | |
|---|---|
| Property Address | 3913 W. Division |
| Price | 189,900 |
| Units | 4 |
| Contact Agent | |
| Name | Tim Keenan |
| Phone | 773-327-9300 x206 |
| timk@crer.com | |
| Description | |
| Make an OFFER! Three fully rehabbed apartments and a store front provide excellent income potential in a fast appreciating neighborhood. Also an additional two car garage; each unit has its own seperate heat. This makes for an ideal "live above the store" situation. Best of all the 25 x 125 lot next door is owned by the city. It can be used for a parking lot and bought cheap. | |
| Summary - Operating Information | |
| Price | 189,900 |
| Number of Units | 4 |
| Price Per Unit | $62,250 |
| Gross Rent Multiple | 7.5% |
| Capitalization Rate | 11.5 |
| Approximate Age | Older |
| Approximate Square Feet | 3,125 |
| Expenses | |
| Real Estate Taxes | $2,737 |
| Insurance | $2,500 |
| Net Operating Income | $34,489 |
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage are approximate. Buyer must verify the information and bears all risk for any inaccuracies.