Description
AMAZING OPPORTUNITY!! Arlington Heights Craftsman ~ 4 Unit Apartment with 4 detached garages~ Priced to Sell , this property will have some great equity once it's fixed up. Each Unit shows as a 2 bed 1 bath Approx. 950 Sqft. Each. All units have interior washer/ dryer hook ups. Renovated Comps are alot higher and even more value is in Converting or developing the 4 car Garages into ADU's . The Large Corner Lot is 7,000 sqft. with ample parking. The interior condition is mostly original throughout so they will need TLC but the potential is endless . The upstairs units have balconies. There are separate gas , electrical meters and the tenants each pay their own. Owner Responsible for water. Long terms tenants rent are all under market value. In the future this can be a cash cow. All tenants are currently paying the rent on time . Please make offer SUBJECT TO INSPECTION. The property will be sold with current tenants in place. The property under Rent Stabilization Ordinance. Take a walk down 3rd Ave and see the Hollywood Sign . Prime Location , Minutes Away From Downtown!! Quick Freeway Access. This one won't last . Please Do Not Disturb Tenants.
Location
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"All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 4th June, 2023 7:19 AM (UTC)
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed."
Updated: 4th June, 2023 7:19 AM (UTC)
Listing Agent: Reginald McKizzie
Listing Office: Palma Investments
