Incredible opportunity to own this fully leased Midlothian 8-unit building consisting of oversized one bed/one bath apartments. Recently installed brand new 2023 boiler! Tankless water heaters installed in each unit and paid for by tenants. Double sized lot with abundant parking and outdoor space. Building currently bringing in $7,500 a month in revenue with the ability to increase to $8,500 without additional investment through upcoming lease renewals. Being offered at a near 9 CAP pro forma with professional management in place that can either be continued or cancelled upon purchase. Reach out to listing agent for full rent roll and expense breakdown.
12031659
Commercial - Multi-Family, Business Opportunities, 2 Story
1965
Cook
2
Brick
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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