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Property Description

Solid Brick Jumbo 2 flat with finished garden apartment. Great income potential with current rents being under market. Building is located in a single family area. Rear porches and garage are all enclosed and wrapped with vinyl siding. Concrete double wide driveway with ample parking. 2.5 car garage plus a large deck only used by the 1st floor unit. Newer architectural shingled roof on building and detached garage. 1st floor and 2nd floor units have gas forced air heat and central air-conditioning. Garden apartment has a wall gas furnace and a sleeve ac unit. Washer and Dryer do not stay. Almost all windows have been replaced and are white vinyl thermopanes. All 3 units have been remodeled. Building is currently owner occupied, and owner is asking to lease back after the sale for 60-90 days. 2 other units are being leased and end at the end of 2022. Oversized garage for additional storage as well added storage in lower level under rear porch. Fenced rear yard great for entertaining for all three units. Building has been very well maintained and will pass for all FHA and VA offers with as little as 3.5% down for FHA loans. Great investment building or also for the owner occupant. Close to shopping, expressways, and schools. Specific showing instructions.

Overview

Property Status
Sold
Lot Size
9,147.6 Sq.Ft.
MLS ID
11404538
Property Type
Residential
Year Built
1963

Features & Amenities

Garage Spaces
2.5
Water Source
Lake Michigan
Roof
Asphalt
Lot Features
Common Grounds, Fenced Yard, Sidewalks, Streetlights
Heat Type
Natural Gas, Forced Air
Sewer
Public Sewer, Sewer-Storm
Substructure
Concrete Perimeter
Other Exterior Features
Deck, Storms/Screens
Elementary School
Schafer Elementary School
Middle School
Jefferson Middle School
High School
Willowbrook High School
School District
88
Sales Price
$497,000
Real Estate Tax
$6,175/yr
Zoning
MULTI

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414 N 3RD Avenue

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414 N 3RD Avenue
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