Standardized Operating Procedure of Purchase

Turnkey Investment Opportunity in the Desirable 19th Ward! Solid 2-family property offering immediate upside potential for investors. The lower unit is currently vacant with an estimated market rent of $1,200/month, providing an excellent opportunity for owner-occupancy or placement of a new tenant at market rate. The upper unit is occupied by a long-term month-to-month tenant currently paying $900/month. Each unit features 2 bedrooms and 1 full bath, spacious layouts, and hardwood floors. Additional highlights include a covered front porch, partially fenced yard, and a 1-car garage. With strong rental potential and value-add opportunity on the vacant unit, this property is ideal for both new and seasoned investors looking to expand their portfolio in a high-demand rental area.
This property may also be purchased together with another multi-family property owned by the seller as part of a portfolio package (MLS R1664166). Seller prefers quick closing and is offering a $10,000 credit.