Brick 6 Unit Multifamily Delivered Vacant. Needs Full Rehab.
Description:
Investor opportunity with a large multi-unit property requiring rehab and offering strong value-add potential. The property has a full basement with no known foundation issues, a brick exterior in good condition, a roof replaced approximately 7 years ago, and city water/sewer. Flooring consists of a mix of hardwood and laminate, with carpeting needing replacement. Mechanical updates may be needed, including older electrical panels, some plumbing concerns, and a mix of newer and older windows. With its substantial unit count, solid structural components, and multiple opportunities for renovation and repositioning, this property is well suited for an investor looking to add value and improve rental income.
Property Details
MultiFamily
11
8
4656
Property Type:
Bedrooms:
Bathrooms:
Square Feet:
Lot Size (SqFt):
1926
Condition
Roof:
Furnace:
AC:
Electric:
Plumbing:
Old Panel/Breaker Box
None
Age Unknown
7 Years Old
Needs Work
Flooring:
Walls:
Windows:
Exterior:
Structure:
Brick
Some Good Shape, Some Old
Plaster, Needs Work
Hardwood, Laminate, Carpet - Some Needs Replacing
Basement
Other Information
EMD Minimum:
Delivered:
Currently:
Other Situation Details:
Comps
Comp 1:
Sold:
Comp 2:
Sold:
$5,000
Vacant
Vacant
Vacant
$402,000
741 Buffalo Ave, Calumet City, IL 60409
$244,000


