Here is your investment opportunity: a truly turnkey building in the Hot Aurora Area, this super solid brick building has 11 units that currently are ALL occupied. We are looking at a gross annual income of $125,700 and a total expense of $21,432, do the math, you will not find many like this great investment! Also, take in mind that most of these units are currently below market value, imagine the possibilities! Building consists of Nine units with 1 Bedroom 1 Bathroom, - One unit with 2 Bedroom 1 Bathroom - and One unit with 3 bedroom 1 bathroom. This property has been meticulously taken care of by seller who has been running the family business from this building. Big improvements have been made in the past few years. The roof was replaced 5 years ago, and almost all water heaters have been replaced in the past 2 years, all newer vinyl windows. Based on the yearly income and expenses, this building will give you immediate cash flow. Basement has the improvements necessary for a laundry room, this could leave you with more cash in your pockets. Never struggle with the tenants bills, each unit has its own utilities, everything from separated Water heater, Water meter, Gas meter, Furnace, Electric Panel it is all divided, what else could you ask for?! Built on an oversized lot, there is always plenty of parking spaces for tenants and a green area for residents and their kids.
Based on information submitted to the MLS GRID as of 07/26/2024 10:33 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
