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3045 Bernice Road Lansing, IL 60438 Multi Unit - Multiple New

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  • 3045 Bernice Road , Lansing, IL 60438 Main Photo

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Description

Tremendous rehabbed 6 unit in an awesome apartment community! The current owners have fully renovated 15 of 18 units across this building and two others also available for sale individually or as a package (3061 and 3069 Bernice). Boasting almost $9500 of rental income and a complete tear off new roof this past year along with renovated units to modern standards, this is an unbeatable turnkey investment. Ownership has also installed electric heaters in the units to largely bypass the boilers (still installed but rarely kick on now) to much reduce the expenses. This complex also has a large parking lot with tons of spaces for tenants. This is an investor's dream given the 9%+ cash on cash at asking and turnkey condition.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

County: Cook
Listed By:
eXp Realty 888-574-9405
MRED MLS
$800,000
Est. $5,132/mo
New to the Market New
BEDS0 BATHS MLS#12593028
STATUSNew PROPERTY TYPEMulti Unit - Multiple

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3045 Bernice Road , Lansing, IL 60438.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $800,000$800,000$800,000
Down Payment $160,000$28,000$200,000
Monthly Mortgage Amount $3,786$4,584$4,863
Taxes $1113$1113$1113
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$352$0
Monthly Estimated Total $5,132$6,282$6,209

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