Home For Sale

Picture of Home For Sale in Lansing, Illinois, United States

$374,900

2460 Indiana Ave
Lansing, Illinois, United States

5bd 4ba

Listed By: Realtyww Info

Listed On: 08/25/2024

Listing ID: GL11427286 View More Details

Description

Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow with all units currently rented to excellent tenants. (Unit 1 will be vacant upon closing) Recent upgrades ensure peace of mind and increased property value, making this a standout choice for investors. Recent Improvements: - 2022: New roof, furnace, AC, and electric panel - 2023: Newly installed front and back wood decks, along with a completely renovated garden unit Property Details: - Unit Mix: One spacious 2-bedroom, 1-bath unit, and three 1-bedroom, 1-bath units - Parking: Convenient parking lot at the back and additional street parking in the front - Extra Income: Owner-owned coin-operated laundry machines in the basement and additional storage space offer further income potential Prime Location: Nestled in a highly desirable area of Lansing, this property is well-maintained and fully compliant. Financials: Enjoy a robust monthly rental income of $4, 000, translating to an impressive annual income of $48, 000. Seize the opportunity to own this well-updated, income-generating property in a thriving community. Contact us today to schedule a viewing!

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Listed by: Nicholas Kravat