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Updated almost 8 years ago, 01/25/2017

User Stats

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Zach Lemaster
Professional Services
Pro Member
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
3,650
Votes |
1,873
Posts

Duplex rented w/ yr leases in place! 24% ROI, 10.2 CAP. 7bd/2bd

Zach Lemaster
Professional Services
Pro Member
#3 Ask About A Real Estate Company Contributor
  • Rental Property Investor
  • Denver, CO
Posted

Newly remodeled 2-flat (Duplex) in Chicago. This is a full scale rehab to include: HVAC, electrical, walls, flooring, appliances, baths & kitchens w/ granite counters & backsplash, and much more. Turnkey sale w/ home fully tenanted and property management in place. Each tenant is on a year lease. Property management is Letts. This is a cash flowing beast with over $10,000/yr NOI w/ financing ($37,000 down) or $19,000/yr with all cash purchase. For sale @ $185,000 w/ current market value of $200,000 (gives you $15,000 immediate equity). These are my personal properties and I'm selling some of them off to upgrade into apartment complexes, so I do have multiple of them for sale very similar to this one. Please contact me for more photos & financials. 701.595.0074 or .

Zach

7bd Duplex, 24% CoC ROI, 10.2 Cap, $2,500 rent, $15K equity, TURNKEY

Offering

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