$349,000 $1,874 est/mo Sourced by Back At You

305 College Avenue,DeKalb, IL 60115

DeKalb IL, 60115

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Description

Welcome to a prime investment opportunity that offers both stability and comfort. This spacious rooming house boasts 11 units, each meticulously maintained and thoughtfully updated, making it an ideal addition to your investment portfolio. With 2 brand new furnaces (2023) ensuring efficient heating, fresh paint giving the property a rejuvenated look, and a new deck for added outdoor enjoyment, this rooming house is move-in ready for both you and your tenants. Each unit is well-appointed, providing tenants with comfortable living spaces that are highly attractive to renters. Historically, the property has experienced low vacancy rates, a testament to its appeal in the market. Rooming houses remain a sought-after housing option, and this property's updates ensure it meets the demands of modern renters. Seize the opportunity to add this turnkey rooming house to your investment portfolio. Schedule a viewing and discover the potential of this updated and income-generating property. Additional properties in MLS for consideration of package sale.

Details

MLS#11901218
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive Under Contract
Year1903
Days On Site234
Listing Provided ByColdwell Banker Real Estate Group | Melanie Walker

Features

Story(s)3
Units11
ZoningMULTI

Market Activity 60115

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Learn More About This Property

StateIL
CountyDe Kalb
CityDeKalb
Zip Code60115
AreaDe Kalb
Listing VS Median (in 60115)
Price:
$349,000
low | high
Med:
$282,000
69.19770773639% of Average
On Site:
234
low | high
Med:
10.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 8:01:36 PM PDT