249 E. 115th Street


249 E. 15th St

Multi-Residential - Current Operating Returns
Property Address 249 E. 15th St
Price 179,500
Units 2
Contact Agent
Name Andy Zoub
Phone 312.907.4248
Email andyz@crer.com
Description
Opportunity knocks again! Solid all brick building has long term store lease with successful business. Huge 2nd flr apt is approx. 2200 sq ft. has been remodeled with new hardwood floors, new carpet, new windows. Individual utilities. Owner only pays water. Easy investment, great cash flow. Good shape
Summary - Operating Information
Price 179,500
Number of Units 2
Price Per Unit $99,450
Gross Rent Multiple 7.5%
Capitalization Rate 11.4
Approximate Age 100+
Approximate Square Feet $5,250
Expenses
Real Estate Taxes $2,394
Insurance $1,200
Total Expenses $3,955

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.

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