Turnkey 6-unit multifamily property delivering immediate cash flow with significant upside potential. Four units are currently occupied with tenants paying their own utilities, keeping operating costs lean from day one. Major capital improvements have already been addressed including a new roof, porch, fence, and updated unit interiors - removing the heavy lifting for the next owner. Two vacant units are ready to lease for instant income upside, and the unfinished basement presents an opportunity to add additional units. A 4-car garage and coin laundry installation potential offer even more ways to maximize NOI. Major CapEx done, a stabilized tenant base in place, and multiple levers to force appreciation - 8022 S Paulina is a disciplined investor's dream. Properties with this profile don't last.
Listed By
Agency Name: eXp Realty
Agency Phone: 888-574-9405
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimated Payment
$ 2,027.83 per month $1,357.58 Principal & Interest $492.33 Property Tax $177.92 Homeowner's Insurance
8022 S Paulina Street | MLS# 12630187
This multi-family property located at 8022 S Paulina Street, Chicago, IL 60620 is currently listed for sale with an asking price of $609,995. Search Chicago real estate on www.bhhscrosby.com today.