Description
Beautiful California style 12 unit building in the solid Belmont/Cragin neighborhood. Building was built approximately 1959 and consists of 12 units, all are 1 bedroom/1 bath apartments that have been lovingly cared for by the same local owners and the onsite manager for the past 20+ years. Over $200K spent in improvements. See attached list. 12 parking spaces included. Many long term tenants. Tenants pay electric & cable only. This property consists of 3 total lots with three separate PIN numbers. Property currently has a Class 9 incentive certificate which is expiring this year. New owners can renew or let it lapse. Perfect for the armchair investor. Please do not disturb the tenants.
Location
Similar Listings
$33,150,000
MLS# MRD11335874
Courtesy of: L.B. Andersen Construction Inc
$24,383,000
MLS# MRD11309923
Courtesy of: Flanagan Realty, LLC.
$18,750,000
6
13
20,002 Sq ft
MLS# MRD10921475
Courtesy of: Compass
$18,500,000
4
5
10,000 Sq ft
MLS# MRD09988068
Courtesy of: Magellan Realty LLC
$18,000,000
6
10
15,000 Sq ft
MLS# MRD10852449
Courtesy of: The Bowen Group, Inc.
$17,500,000
MLS# MRD11134617
Courtesy of: RE/MAX Rising
$17,424,000
MLS# MRD11338391
Courtesy of: L.B. Andersen Construction Inc
$15,725,160
MLS# MRD11338334
Courtesy of: L.B. Andersen Construction Inc
$15,681,600
MLS# MRD11001230
Courtesy of: Legacy Real Estate
$15,170,000
4
6
7,582 Sq ft
MLS# MRD11063904
Courtesy of: Jameson Sotheby's Intl Realty
$15,000,000
MLS# MRD11366160
Courtesy of: Strauss Realty Ltd
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Courtesy of: Prime Capital Real Estate Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 23rd May, 2022 12:54 AM (UTC)