Description
***CALLING ALL INVESTORS / REHABBERS*** Great investment opportunity in HOT Austin neighborhood of Chicago. Property needs a complete gut rehab. There are 4 units. All the units are 2 bed 1 bath floor plans. After rehabbed comparable properties in Austin have recently sold for $520K-$598K. You can anticipate rents to be around $950 a month per unit, $3,800 gross monthly rent and $45,600 gross yearly rent after property is rehabbed. Over a 10% cap rate.
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8BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
***CALLING ALL INVESTORS / REHABBERS*** Great investment opportunity in HOT Austin neighborhood of Chicago. Property needs a complete gut rehab. There are 4 units. All the units are 2 bed 1 bath floor plans. After rehabbed comparable properties in Austin have recently sold for $520K-$598K. You can anticipate rents to be around $950 a month per unit, $3,800 gross monthly rent and $45,600 gross yearly rent after property is rehabbed. Over a 10% cap rate.
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