Excellent entry-level multifamily opportunity for sale on the corner of N Leclaire and W Barry in hot Belmont-Cragin / Belmont Gardens neighborhood. Turnkey, well-maintained, and fully leased. 4-unit investment building also has 2 additional non-confirming garden units. Unit mix: (2) 2-bed/1-bath + (2) 1-bed/1-bath + garden units: (1) 2-bed/1-bath + (1) 1-bed/1-bath
Building has two sets of coin operated laundry, 2-car garage in rear (additional rental income potential), and individual boilers on top four units. Units features walk-in closets, pantries and original hardwood floors. Located near Wilbur Wright College, public transit, shopping and amenities, the property boasts strong curb appeal with recent sidewalk and tuck pointing work.
Investment has immediate rent-to-market upside with proven rental demand and strong cap-rate upside. Tenant responsible for gas (separate utilities).