A rare find in Chatham! Calling all investors looking to add to their portfolio. This 4-plex is fully rented. 3 out of the 4 units were renovated in 2023. The 3 units have seen massive upgrades including: life proof vinyl plank flooring, stainless steel appliances, washer+dryers, plumbing fixtures, ceiling fans, paint and doors+trim where needed. The entrance corridor has been revamped with life proof vinyl plank flooring, paint, hardwood stairs and 100% mechanical stainless steel keyless entry pin pads for all units (this is great because you don't have to keep track of keys for all the units). Ample, on site parking for all the units, each unit is provided a parking space and there is also 24/7 street parking. There is a large back and side yard. The lower units have backyard concrete patios and the upper units have access to the large deck that is perfect for over looking the backyard and grilling out. You'll find this property next to desirable new construction homes and just minutes away from Chatham District #5 schools and nearby parks. Investors, this is a true 7.5 cap! The current gross income is $52,200 with room to improve! The 3 updated units rent for $1,200/month and the other unit rents for $750/month. Don't miss out on this opportunity to own a cash flowing property in desirable Chatham, Illinois! 24hr notice and proof of pre approval needed for showings. *Back on the market due to buyer not being able to secure financing* Located in Sangamon County.

Listing courtesy of MRED / RE/MAX Rising as distributed by MLS GRID

Last checked: Checking… • Last updated Nov 20, 2024 • Source: MRED

MLS# 11890567 — Report a problem