$625,000
5
Beds
3
Baths
3,060
Living Area
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Property Description
***Investors/Rehab loan Buyers Alert***What a great opportunity for investor or buyers looking to use Rehab financing. The exterior was beautifully updated with New Roof, New Windows, New craftsman designed Siding and a gorgeous front entrance built with pvc, composite decking and Mahogany railings. The interior needs renovation but it still has great bones with hardwood flooring in the 1st and 2nd floor. 1st and 2nd floor features 2 bedrooms but can be converted to 3 bedrooms. The 3rd floor consists of one bedroom with possibility to 2 bedroom conversion. This will not qualify for conventional finance or regular FHA finance. You will need cash, private loans or rehab loans. Great lot size with plenty of parking spaces and conveniently located within walking proximity to Buses, Train station and stores. This a north side location within proximity to major highways. Great opportunity to create a positive cash flow or equity growth upon completion.
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Highlights
- Parking Spots: 6
- Property Type: 3 Family - 3 Units Up/Down
- Year Built: 1925
- Property Class: Residential Income
- Total Rooms: 14
- Status: Closed
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Additional Details
- Basement: Full, Bulkhead
- Interior Features: Living Room, Dining Room, Kitchen
- Roof: Shingle
- Year Built Details: Actual
- Zoning: C5
- Foundation: Stone
- Lot Features: Corner Lot
- Total Number of Units: 3
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping
- Parking Features: Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $424,100
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 2%
- Taxes: $5,505
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