Exceptional opportunity for INVESTORS seeking stable cash flow with built-in rental upside. This well-maintained 6-unit multifamily property has demonstrated nearly perfect occupancy for over 40 years, with only one single month of vacancy across all units during that entire time. Each unit features a 1 bed/1 bath layout with approximately 450 sq. ft of livable space + bathroom/storage. Roof was upgraded 6 years ago, water heater 3 years ago, common areas freshly painted 1 year ago. Current rents average $800 per unit, while comparable properties in the area suggest approximately $1,100 per unit, creating a clear value-add opportunity for INVESTORS looking to increase cash flow over time.
Listed By
Agency Name: Fathom Realty IL LLC
Agency Phone: 630-479-8664
Shown By
Agent Name: Stefanie Yarber
Agent Phone: Cell: (815) 995-0836
Agency Title: Gambino Realtors
Estimated Payment
$ 2,937.54 per month $2,039.50 Principal & Interest $767.08 Property Tax $130.96 Homeowner's Insurance
60 E 138th Street | MLS# 12588169
This multi-family property located at 60 E 138th Street, Riverdale, IL 60827 is currently listed for sale with an asking price of $449,000. Search Riverdale real estate on syarber.gogambino.com today.