Courtesy of: Vanessa Smith, Compass, vanessa.smith@compass.com
Courtesy of: Vanessa Smith, Compass, vanessa.smith@compass.com
$875,000
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4 bed
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Lot: 0.07 Acres
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Other
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$875,000
932 N Wolcott Avenue Please do not contact owner. Listing agreement still in place. Available for the first time in 30 years, this solid and well-maintained Ukrainian Village four flat is a great investment with four tenant occupied units and the option to add a fifth unit. Zoning is RT-4 and this building is in the ADU (Accessory Dwelling Unit) Pilot program, so a fifth unit could be added in the attic or built as a new coach house without zoning approval. Attic could also be duplexed up from one of the existing units to maximize the current built space and income. The attic has 10' high ceilings at peak, floor dimensions are 20x66. Currently the attic is used for tenant storage and common area laundry. High ceilings throughout the building - 10 ft high in all units. Some units have original details for the vintage lovers including pocket doors and original trim. Some updates are already done, there is room to add your touches and increase rents. Rents are below current market value as the owner has favored long term tenants and not increased rents. Two car garage on site. Great curb appeal with a handsome decorative facade and bohemian cornice details. Don't let this gem pass you by!
Courtesy of: Vanessa Smith, Compass, vanessa.smith@compass.com
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