Fantastic brick four units in a great location! Three massive 2,200 SF units, with a current layout that includes four bedrooms and 1.5 baths. The 4th unit is on the ground floor and is a large one-bedroom, one-bath unit. Common laundry in the basement with plenty of room to add in-unit laundry in all units. Original woodwork, gorgeous floors, and charming historic details. Common water meter for building, separate electric and gas meters. Parking for 5-6 cars in the rear parking lot. Large balconies. Walkable location to several bars & restaurants, gym, and medical facilities & Hyde park.
Why we love it: So many possibilities. Condo conversion? Luxury rehab? Capitalize on the dedicated parking lot, which is rare in this area, and the 3 gigantic 2200 square foot units. The woodwork and historical touches are AMAZING. This location is adjacent to MAC Properties, and everything hot and happening in the area.
The challenge: Lots of updates are needed here. All units are livable but not updated. Electrical, plumbing, and HVAC could all be needed. Currently, only one unrehabbed unit is occupied for $2,000 per month.
Buyer Detail and Financials