• Status Active
  • Price $799,000
  • Bed 21
  • Bath 7.1
  • Location Fifth City

3522 West Jackson Boulevard

Exclusively listed by Dream Town Real Estate

ASSUMABLE MORTGAGE AVAILABLE!!! Assume the balance of this mortgage for 2.49%!!! This property presents an enticing investment prospect, located in the thriving neighborhood of East Garfield Park. It boasts a fully renovated 4-unit building, formerly a condo, offering excellent cash flow potential with promising rental upside. The main building comprises three generously sized units alongside a duplex coach house featuring 3 bedrooms and 1.5 bathrooms. Noteworthy features include copper plumbing, updated electrical systems, individual gas-forced heat, and separate hot water tanks, ensuring efficient and manageable utilities. Additionally, 2 units benefit from laundry hookup facilities and unit 3 has in-unit laundry. The property's strategic location, coupled with its spacious layouts and desirable amenities, positions it as a prime income-generating asset. With a few tweaks and additions, this turnkey investment opportunity is primed for substantial returns. Unit 1 and 2 rented for $1700. The Coach house rental is MTM at $1,200. Unit 3 rental is MTM at $1,922. Overall, this property presents a compelling investment proposition, underscored by its robust cash flow potential and favorable market conditions.

General Info

  • Price $799,000
  • Bed 21
  • Bath 7.1
  • Taxes $9,205
  • Market Time 44 days
  • Year Built 1908
  • Square Feet Not provided
  • Assessments Not provided
  • Assessments Include Not provided
  • Buyer's Agent Commission 1.5%
  • Source MRED as distributed by MLS GRID

Rooms

  • Total Rooms 36
  • Bedrooms 21
  • Bathrooms 7.1

Features

  • Heat Gas, Forced Air
  • Air Conditioning Not provided
  • Appliances Not provided
  • Parking None
  • Age 100+ Years
  • Exterior Brick

Mortgage Calculator

  • List Price{{ formatCurrency(listPrice) }}
  • Taxes{{ formatCurrency(propertyTaxes) }}
  • Assessments{{ formatCurrency(assessments) }}
  • List Price
  • Taxes
  • Assessments
{{ formatCurrency(price) }}
{{ interestRate }}%
{{ downPaymentPercent }}%

Estimated Monthly Payment

{{ formatCurrency(monthlyTotal) }} / month

  • Principal & Interest{{ formatCurrency(monthlyPrincipal) }}
  • Taxes{{ formatCurrency(monthlyTaxes) }}
  • Assessments{{ formatCurrency(monthlyAssessments) }}