4 bedroom house for sale

Overview

This 4-unit apartment building in Portage is fully updated and rehabbed inside and out. 30 min away from IL and MI border, less than 1 hour away from Downtown Chicago. Each unit is occupied, and the current gross income is about $47, 820 annually. All units have one bedroom, 1 bathroom, and a large living room and kitchen. This property is professionally managed, which is an ideal situation for post-acquisition. The owner pays very little for utilities, tenants pay for almost all. This investment property projects to be a 9.5%+ cap rate after a few simple moves. Reach out for detailed data, and to schedule a viewing of the property now!