This property is split into 3 units:
Legally zoned as 3 unit
Top floor - studio currently vacant. Tenant moved out a few months ago. Was paying $550 a month - studio
2nd floor - section 8 tenant. Rent is $850 a month, tenant pays $70 - 1 bedroom
1st floor is rented for $950 - tenant moves in within last month - 1 bedroom
Yes need to confirm he has proof it's legally zoned a 3 unit - He has proof
Does the 1st floor tenant pay ontime? Yes - he has all records
Condition - all fully renovated. Has central air in all units, all separate electrical , outside updated with brick exterior - inside and outside renovated
Comps:
827 N Howard St SOLD 6/29/23 $281,925
1804 Pennsylvania Ave SOLD 4/4/23 $240,000
18 S Schroeder St SOLD 4/24/23 $195,000
For more info text/call Cathy London 410-903-1558
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