905 W 175 Street, Homewood
| Multi-Residential - Current Operating Returns | |
|---|---|
| Property Address | 905 W 175 Street, Homewood |
| Price | $1,290,000 |
| Units | 7 |
| Contact Agent | |
| Name | Tim Keenan |
| Phone | 773.327.9300 x206 |
| timk@crer.com | |
| Description | |
|
MLS #: 07487625
REO foreclosure, multi-tenant (7-units), ~58% occupied by three (3) tenants. Constructed in 1985, 84 parking spaces, 6 common restrooms, passenger elevator, signs of deferred maintenance, some major capital improvements necessary. New roof completed in 2009 and replaced 2 heating/cooling units, maintenance done on all HVAC units. Building is professionally cleaned and landscaped, units are easily divisible. |
|
| Summary - Operating Information | |
| Price | $1,290,000 |
| Number of Units | 7 |
| Approximate Age | 16-25 Years |
| Approximate Square Feet | 21000 |
| Annualized Operating Data | |
| Scheduled Gross Income | Rental: $166,215 |
| Expenses | |
| Real Estate Taxes | (Tax Year:2008) $88,770 |
| Insurance | $3,180 |
| Net Operating Income | $107,393 |
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.