About This Home
This 16-bedroom, 6-bathroom residential multi family at 3045 BERNICE Road in Lansing, IL is listed for $738,000. Built in 1978, on a N/A lot.
Key Features
- Built in 1978
- 3 stories
Property Details
Tremendous rehabbed 6 unit in an awesome apartment community! The current owners have fully renovated 15 of 18 units across this building and two others also available for sale individually or as a package (3061 and 3069 Bernice). Boasting almost $9500 of rental income and a complete tear off new roof this past year along with renovated units to modern standards, this is an unbeatable turnkey investment.
Ownership has also installed electric heaters in the units to largely bypass the boilers (still installed but rarely kick on now) to much reduce the expenses. This complex also has a large parking lot with tons of spaces for tenants. This is an investor's dream given the 9%+ cash on cash at asking and turnkey condition.
Monthly Cost Estimate
$3,947/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3045 BERNICE Road
Lansing, IL 60438
Questions & Answers
This 16-bedroom, 6-bathroom residential multi family at 3045 BERNICE Road is listed at $738,000. The estimated monthly payment is $3,947 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1978, 3 stories.
This property is listed by Michael Scanlon and can be reached at (888) 574-9405.
