This listing was posted on ListedBuy.
$575,000
1932 Emerson St
Price:
$575,000
BR/BA:
10+ BR, 3 BA
Location:
1932 Emerson St, Evanston, IL
Description:
Welcome to this incredible opportunity! Presenting a remarkable brick 3-unit building with a solid tenant base in a sought-after location. This property offers a fantastic investment potential with three fully occupied units and the flexibility to suit various buyer preferences. This impressive building features a first-floor unit with 3 bedrooms and 1 bathroom, providing ample space for comfortable living. The second and third floors each boast a 4-bedroom, 1-bathroom unit, offering generous living spaces suitable for larger households. The versatility of these units allows for diverse saleal options. All three units are currently occupied by CHA (Chicago Housing Authority) tenants, ensuring consistent and reliable saleal income. The tenants are on a month-to-month lease agreement, providing the new owner with the flexibility to continue with the existing arrangements or explore longer-term lease options. They have expressed their willingness to sign longer-term leases, providing stability for the future owner. Moreover, there is the possibility of vacating one unit or more, allowing the buyer to reside in one unit while receiving investment income from the remaining units. The property generates an impressive monthly gross income of $5,437, illustrating the attractiveness and profitability of this investment opportunity. This property is a true gem, presenting multiple options for the discerning investor. Whether you are looking to maximize your saleal income or seek a comfortable owner-occupied property with additional investment potential, this opportunity is ideal for you. Still available at ListedBuy!
Property Type:
Multi-Family Residences for Sale
Sq feet:
1,756 sq. ft.
For sale by:
By Owner
Posted:
July 12 2023 on ListedBuy
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More About this Listing: 1932 Emerson St
1932 Emerson St is a 10+ BR 3.5 Bath Multi-Family Real Estate for Sale at 1932 Emerson St in Evanston IL. Find other listings like 1932 Emerson St and listings near 1932 Emerson St by searching Oodle Classifieds for 10+ BR 3.5 Bath Multi-Family Real Estate for Sale in Evanston IL.
1932 Emerson St is a 10+ BR 3.5 Bath Multi-Family Real Estate for Sale at 1932 Emerson St in Evanston IL. Find other listings like 1932 Emerson St and listings near 1932 Emerson St by searching Oodle Classifieds for 10+ BR 3.5 Bath Multi-Family Real Estate for Sale in Evanston IL.