14501 S Richmond Ave., Posen, IL 60469

HERE IS A 3 UNIT BUILDING THAT WILL PRODUCE $42,600 A YEAR!! UNDER $300,000! CAP RATE IS 11.5% . THIS BUILDING IS THE NEWEST IN THE NEIGHBORHOOD BY 30 YEARS! WHY OWN A 4 UNIT WHEN YOU CAN OWN A 3 FOR THE SAME PRICE AND RENT ROLL? THIS PROPERTY CONSISTS OF TWO- 3 BEDROOM/1.5 BATH UNITS AND ONE- 2 BEDROOM/1 BATH UNIT. ALL TENANTS PAY THEIR OWN UTILITIES (WATER,ELECTRIC,GAS). ALL OWNER PAYS IS GARBAGE AND COMMON UTILITIES. CENTRAL AIR IN ALL UNITS! LAUNDRY ROOM HAS COINED WASHER AND DRYER FOR ADDITIONAL INCOME. BUILDING CURRENTLY OCCUPIED BY 1 TENANT. 2 UNITS AVAILABLE AND READY TO RENT! SECTION 8 APPROVED! TAXES HAVE BEEN FOUGHT AND REDUCED FROM $10,000 TO $6,000! AGENT OWNED PROPERTY