Description
ROC Advisory Group - atproperties Christie's International Real Estate is pleased to offer this generational sale. This 9-Unit apartment building for sale is located on the corner of 89th Place & Cottage Grove Avenue in the Chatham (Burnside) neighborhood. The property consists of 8 - two-bedroom and 1 - one-bedroom apartments. The building is boiler heated. 5 of the 9 units have been highly updated. Owned by the parents for the last 17 years. The average rent at the property is $994. The market average for similar properties is over $1,100. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements. The updated units pictured were virtually staged before occupancy. Offering Memorandum available upon request.
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0BEDS
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0.17ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
ROC Advisory Group - atproperties Christie's International Real Estate is pleased to offer this generational sale. This 9-Unit apartment building for sale is located on the corner of 89th Place & Cottage Grove Avenue in the Chatham (Burnside) neighborhood. The property consists of 8 - two-bedroom and 1 - one-bedroom apartments. The building is boiler heated. 5 of the 9 units have been highly updated. Owned by the parents for the last 17 years. The average rent at the property is $994. The market average for similar properties is over $1,100. This leaves a significant amount of rental upside for a new owner without spending large dollars on capital improvements. The updated units pictured were virtually staged before occupancy. Offering Memorandum available upon request.
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