Courtesy of: Matthew Mika, Compass, matt.mika@compass.com
Courtesy of: Matthew Mika, Compass, matt.mika@compass.com
$589,900
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6 bed
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3.00 Bath (3 Full)
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Lot: 0.08 Acres
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Other
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$589,900
5445 N MAGNET Avenue Updated 2 flat with extra basement non-conforming apartment. All electric, plumbing and HVAC were updated approximately 8 years ago along with some kitchens and bathrooms. Nice size apartments first and second floors have 2 bedrooms. Extra tandem bedroom on 1st floor. Basement is 4 room 2 bedrooms. Nice yard and a 2 car garage. Rents: Non-conforming garden $1250. Includes all utilities. 1st floor: $1800. 1st floor pays utilities and receives a $100. credit for basement utilities so they pay $1700. net rent. 2nd floor: $1595. They pay their own utilities. Garage $300. Rented to someone not living in property Mo. to Mo. Total income $4845. a month $58140 gross yearly less $12444. expenses or $45696. Net income or 7.74% return!! Great investment.
Courtesy of: Matthew Mika, Compass, matt.mika@compass.com
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