305 College Avenue , DeKalb, IL 60115
DeKalb, IL 60115
Description
Welcome to a prime investment opportunity that offers both stability and comfort. This spacious rooming house boasts 11 units, each meticulously maintained and thoughtfully updated, making it an ideal addition to your investment portfolio. With 2 brand new furnaces (2023) ensuring efficient heating, fresh paint giving the property a rejuvenated look, and a new deck for added outdoor enjoyment, this rooming house is move-in ready for both you and your tenants. Each unit is well-appointed, providing tenants with comfortable living spaces that are highly attractive to renters. Historically, the property has experienced low vacancy rates, a testament to its appeal in the market. Rooming houses remain a sought-after housing option, and this property's updates ensure it meets the demands of modern renters. Seize the opportunity to add this turnkey rooming house to your investment portfolio. Schedule a viewing and discover the potential of this updated and income-generating property. Additional properties in MLS for consideration of package sale.
Details
| MLS# | 11901218 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 366 |
| Listing Provided By | Coldwell Banker Real Estate Group | Melanie Walker |
Features
| Story(s) | 3 |
|---|---|
| Units | 11 |
| Zoning | MULTI |
Market Activity 60115
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Learn More About This Property
| State | IL |
|---|---|
| County | DeKalb |
| City | DeKalb |
| Zip Code | 60115 |
| Area | De Kalb |
| Listing VS Median (in 60115) | |
Price: $329,000 low | high Med: $279,900 On Site: 366 low | high Med: 58.000000 | |
