Montrose / Bernard

650,000
7
BD
4
BA
List Price
650,000
Status
NEW
Property Type
2-Flat
Bedrooms
7
Bathrooms
4
Lot Size
Standard
Neighborhood
Irving Park
Schools
299

Property Description

Fully rehabbed Huge 2-flat with finished in-law arrangement in basement in Hot Irving Park neighborhood! Fantastic opportunity for investors and owner occupants - Potential rental income of $62k/year or 7-7.5% CAP rate. Owner occupants will have over 70% of their mortgage paid by rental income. 1st floor apartment features a remodeled 2BD/1BA with modern kitchen, in-unit washer/dryer and hardwood floors throughout. 2nd floor apartment is a Massive Duplex-Up 3BD/2BA + office/den and offers a New kitchen, Huge Master Bedroom with walk-in closet and skylights. Basement/Garden unit offers a 2BD/1BA unit fully remodeled. New SS appliances in all units, Quartz counter-tops, Grey kitchen cabinets, in-unit washer/dryer in all units, new roof, new siding, HVAC systems.. Nothing to do but move-in and collect rents! Seller nor broker, make no representation as to legality of basement arrangement.

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Calculator source: Real Geeks