- 3 beds
- 2 baths
- – sqft
- 10,890 sqft lot
- 1906 build
- – on site
More homes
These numbers make sense on this multi-unit! You can utilize FHA financing with a 3.5% down payment and practically live for free while you continue renting the other unit or you can buy it as an investment property and start making money on day one. The first floor unit features two (2) bedrooms and it can be easily rented for $1,500 per month. Your loan officer can use the existing lease as additional income on your loan application as long as the appraiser confirms it on his or her rental schedule, which makes qualifying for this purchase even easier for you! Then live on the second floor, one (1) bedroom unit or rent it for $1,000 per month. As a full rental, your monthly cash flow is $2,500 per month or $30,000 per year. Please keep in mind that you cannot put a garage on this property but there is ample street parking. This is a great investment! Very low taxes! This is also an as-is, where-is sale. A must see.
Last checked:
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Last updated Apr 7, 2025
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MLS# 11110607 —
The Building
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Year Built:1906
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Rebuilt:No
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New Construction:false
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Architectural Style:Traditional
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Roof:Asphalt
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Basement:Full,Walkout
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Foundation Details:Concrete Perimeter
Interior
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Rooms Total:8
Location
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Directions:Pass Montrose, head north on Central and then go west (left) on Windsor to 5723
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Location:28406
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Location:18267
The Property
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Parcel Number:13172230170000
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Property Type:Residential Income
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Location:A
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Lot Features:Fenced Yard
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Lot Size Dimensions:4,462 SF
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Lot Size Acres:0.25
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Zoning:MULTI
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (773) 593-5626
- Office phone:
- (773) 593-5626
Taxes
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Tax Year:2020
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Tax Annual Amount:2422.58
Beds
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Bedrooms Total:3
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Bedrooms Possible:3
Baths
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Baths:2
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Full Baths:2
The Listing
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Short Sale:Not Applicable
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas,Steam
Utilities
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Sewer:Sewer-Storm
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Water Source:Lake Michigan
Schools
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Elementary School District:299
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Middle Or Junior School District:299
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High School District:299
Extra Units
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Unit 1 Full Baths:1
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Unit 2 Full Baths:1
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/8/21
Nov 8, 2021
|
Sold | MRED | $280,000 | -3.4% |
10/27/21
Oct 27, 2021
|
Sold Subject To Contingencies | MRED | $290,000 | |
6/3/21
Jun 3, 2021
|
Listed / Active | MRED | $290,000 | 132.0% (22.6% / YR) |