MLS#: 10060846 $
188,000
6616 ASHLAND AVENUE CHICAGO
Grab this opportunity of owning an income producing condo in East Rogers Park, steps to Loyola Campus. $15,600 Gross Income. Rented until 4/30/19 with low HOA fee and well-managed building. This 2BD/1BA is situated on residential, tree-lined Ashland and in close proximity to the lake, CTA Red Line, and Metra. Gut rehabbed with lovely vintage details incl architectural molding and solid oak hardwood floors throughout the living, dining and kitchen, recently painted, stainless steel appliances, granite counter tops, generous counter space, a breakfast bar, and 42" maple cabinets with cherry finish, central air and high efficiency gas furnace, in-unit washer and dryer, and high quality thermal windows that give the unit plenty of natural light with east and west exposures. Easy street parking. New developments incl Target on Devon, restaurants, groceries. Rentals allowed. FHA approved. 5.81% CAP RATE. 5.45% COCR/ROI. Call now if you're looking for positive cash flow