Description
Looking for a Great Investment, ready to be developed. This property is a three story shell ready for development. The rehab project has approved building plans for a DUPLEX, with three bedrooms each unit split level, all you need is the variance for duplex. This project qualifies you for a ten year tax abatement. The high ceilings on the lower floor make this a one of a kind 3 x 3 duplex. ARV mid to high $200k. The seller has spent over$8k in preparation for the renovation. Tons of development in the area and featuring Loads of LaSalle Collage Student Housing. Great location, Close to Metro line and Bus stations. Rm1 zoning , Lot size 15x65 interior 2450 sq ft. A Must See! A pure Diamond in the Rough! Won't last! WE HAVE ATTACHED AN INCOME AND EXPENSE SPREAD SHEET SHOWING NET INCOME AFTER EXPENSES.
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6BEDS
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0.02ACRES
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2BATHS
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01/2 BATHS
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2,450SQFT
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$49$/SQFT
Description
Looking for a Great Investment, ready to be developed. This property is a three story shell ready for development. The rehab project has approved building plans for a DUPLEX, with three bedrooms each unit split level, all you need is the variance for duplex. This project qualifies you for a ten year tax abatement. The high ceilings on the lower floor make this a one of a kind 3 x 3 duplex. ARV mid to high $200k. The seller has spent over$8k in preparation for the renovation. Tons of development in the area and featuring Loads of LaSalle Collage Student Housing. Great location, Close to Metro line and Bus stations. Rm1 zoning , Lot size 15x65 interior 2450 sq ft. A Must See! A pure Diamond in the Rough! Won't last! WE HAVE ATTACHED AN INCOME AND EXPENSE SPREAD SHEET SHOWING NET INCOME AFTER EXPENSES.
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