Photo 1 of 22
$360,000
Sold on 7/18/22
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
3 |
0.00 |
0 |
$6,750.46 |
1920 |
On the market:
185 days
|
View full details, 15 photos, school info, and price history
Calling all Investors!!! Cash-Flowing Investment Opportunity in the heart of the very desirable town of Highwood! This rare Two Flat Cottage is an absolute treasure on the North Shore. Each Two Flat unit features a spacious 1 bedroom and 1 bath w/ graciously sized living room, galley kitchen, and tons of natural light! Plus, a back porch and great yard space. Parallel Parking on the side of Two Unit. The Cottage is a large 1 bedroom and full bath with phenomenal living space, hardwood floors throughout, spacious kitchen, in unit washer and dryer. Also includes off street parking space and yard exclusive to the cottage. Fully occupied units currently producing a 7% cap rate with the arrow pointing up in this hot market with low inventory. Potential monthly rents up to $3,500! Or potential buyer can live there for free with the rental income from the other two units, HOUSE HACK!!! Walking distance from schools, parks, restaurants, bars, and festivals! Lake Michigan is a 20-minute walk away, Steps from Fort Sheridan, and everything else this amazing community of Highwood has to offer!!
Listing courtesy of William Platt, eXp Realty, LLC