1647 North Karlov , CHICAGO, IL 60639

Hermosa

Sold
Price: $460,000
Bed: 8
Bath: 0
Taxes: $5207.06
Market Time: 120 days
Year Built: 1908
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Description:

Stunning legal 3 flat on oversized lot in Humboldt Park completely renovated in 2017. Rent Roll $4,050 monthly / $48,600 annually!! Updates feature, new electrical, copper plumbing, windows, furnaces, significant masonry and concrete work, new water service and new porches. Luxury kitchens with granite counters, full stainless steel appliance package, custom cabinets and high end fixtures. Refinished hardwood floors, separate living room / dining room and gut renovated bathrooms make this the neighborhood's trophy asset. Operating expenses minimized through separate unit utilities and shared laundry. 4 exterior rear parking spaces already generating $350 monthly. Currently management has maintained a solid base of tenants and has left room for rental growth. This is an excellent opportunity to acquire a turn key investment in a rapidly changing neighborhood.

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