PRIME INVESTMENT OPPORTUNITY: LEGAL 2 UNIT BRICK WITH UNFINISHED BASEMENT
Asking Price: $170,000
About 5667 S Artesian Ave:
Short Sale of a Legal 2 Unit Brick with a Full Unfinished Basement
Are you in the market for a great investment opportunity? Look no further! This pre-foreclosure property is perfect for those looking to add to their real estate portfolio. Situated in a prime location, this legal 2 unit brick building offers a host of potential benefits for the savvy investor.
With a layout of 3 bedrooms, 1 bath, living room, dining room, and kitchen per unit, this property provides ample space for tenants to make it their own. The enclosed rear porch adds an extra touch of charm, while the 2-car garage offers convenient parking options. Additionally, the full unfinished basement provides the potential for additional storage space or future expansion.
One of the major benefits of this property is its proximity to a city park and public transportation. Potential tenants will appreciate the easy access to green spaces and the convenience of nearby public transportation options. This prime location is sure to attract renters, ensuring a steady stream of income for the new owner.
It is important to note that the building will not be delivered vacant and will be sold with the current occupants. This offers a unique opportunity for the new owner to acquire a property with existing tenants already in place. With proper management and care, these tenants can provide immediate rental income while you navigate the next steps of your real estate investment.
At the moment, interior showings are not available. However, interested buyers are encouraged to drive by the property to get a sense of the neighborhood and exterior condition. We understand the importance of seeing the interior before making a decision, and we are actively working to gain the cooperation of the current tenants for interior showings in the near future.
A short sale presents a unique opportunity for investors to acquire a property at a potentially discounted price. The current financial situation of the owner necessitates the sale before the property goes into foreclosure. This can provide an advantageous situation for the buyer, allowing them to acquire a property at a price below market value.
It is worth noting that short sales can be a complex and time-consuming process. However, with the right team of professionals by your side, navigating the process can be made easier. Our experienced real estate agents and legal team are here to guide you through every step of the way, ensuring a smooth transaction.
If you are ready to take advantage of this investment opportunity, don't delay! Contact us today to express your interest and to receive updates on when interior showings become available. The potential of this legal 2 unit brick building with a full unfinished basement, enclosed rear porch, and 2-car garage cannot be overstated.
Investing in real estate is a proven way to build wealth, and this property has all the right ingredients for success. Its prime location, attractive layout, and existing tenants make it a highly desirable investment opportunity. Don't miss out on the chance to add this property to your portfolio. Act now and secure your future in real estate investment!
This property also matches your preferences:
Features of Property
Multi family
Built in 1921
Natural gas, forced air, sep heating systems - 2+
No data
2 Garage spaces
This property might also be to your liking:
Features of Building
6
2
2
Full
Natural Gas, Forced Air, Sep Heating Systems - 2+
2
Garage
2
2
3,125 sqft
25X125
19132110180000
MULTI
Short Sale
MultiFamily
Multi Family
Brick
No
1921
Public Sewer
Lake Michigan
Park
Chicago
See Remarks: 2% - $500
Fee Simple
Property Agent
Eduardo Padro
RE/MAX Premier