Chicago, IL 60622
SPG Chicago presents 3541 N Damen Ave Chicago IL 60618
Attention investors! Freshly rehabbed and updated legal 3 flat in the heart of Roscoe Village. Opportunity to start cash-flowing with an approximate Cap Rate of 8%. Highly desired and established neighborhood creates opportunity for equity growth long term creates stable property investment Virtually walk-through in immersive 3D by clicking here!
Walking distance to trains and major transportation. Multiple shops, restaurants and nightlife right outside your front door. Huge rear deck, fenced yard, and 2 car garage.
Updates include: new roof with dormer expansion with added skylights. All new stainless appliances, 2 sets of washer/dryers, quartz countertops throughout, hardwood floors throughout, windows, plumbing, electrical, new siding, new paint, 3 Ring doorbell systems for each unit.
Summary:
Unit #1 Rent: $2,100 | 2 bed/1 bath (in-unit laundry)
Unit #2 Rent: $2,350 | 2 bed/1 bath (in-unit laundry)
Unit #3 Rent: *2,150 market rent | 2/2 bath (laundry in common area)
Gross Rent:$6,600
Unit #1 and #2 COVERS THE full PITI mortgage payment
Annual Income (all units leased) – $79,200
Annual Taxes: $9,085
Annual Home Owners Insurance: $1,700
Contact Us for more info on this opportunity.
