Truly a rare find! Not too many multi-family homes in this great town of Park Ridge, but here is one. .. and one that makes a profit right from the start! The 1st floor of the home has 2 beds, 1.5 baths, EIK, Liv Rm - (brings in $1685), the 2nd and 3rd floors combine for 4 beds & 2 baths, EIK - (brings in $2275). The carriage house/ barn / garage has 3 separate storage units in it, (for an additional $900 in income) All totaled $4860 in rent!! The basement is unfinished, with separate laundry facilities for each floor, separate hot water heaters, electric & gas meters, and one boiler. Tenants pay all utilities! The home is fully rented (has been for 15 years), with great tenants who pay on time & would be open to staying. The driveway & parking lot areas, before the garages, can field about 12-15 cars. Taxes are just over 10.3k. Close to the center of town, schools & shopping. This is a great chance for an investor looking to make some positive cash flow immediately!
Multi-familyProperty Type
10,335 sq ftLot Size
2 garage spacesParking
Listed by Thomas Mikalouskas• Keller Williams Valley Realty
•201-370-6175 (agent)
•tommiko@optonline.net (agent)
•201-391-2500 (broker)
Bought with Rebecca LaPira• RE/MAX Signature Homes