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3631 147th Street
Midlothian, IL 60445
Asking Price
$660K
Cap Rate
7%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Solid 6 Unit Building - Collect $7,850/m! <p><span style="color: rgba(43, 43, 43, 1)">Fantastic Investment Opportunity with Value-Add Potential! Discover this well-maintained 6-unit all-brick building offering strong cash flow and excellent value-add potential! The property features five occupied 2-bed/1-bath units and one vacant 1-bed/1-bath unit, providing a perfect opportunity for renovations, and owner-occupant option. Tenants enjoy the convenience of rear parking, with additional spaces available in the front, ensuring ample accomm
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NOI
$80,000
Cap Rate
12.12%
DSCR
2.04
Strong
Cash-on-Cash
20.61%
Monthly Payment
$3,265.32
Annual Cash Flow
$40,816.161
