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About This Home

This 16-bedroom, 6-bathroom residential multi family at 3069 BERNICE Road in Lansing, IL is listed for $725,000. Built in 1978, on a N/A lot.

Agent Description

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 (3045 and 3061 Bernice). Boasting $9109 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.

Key Features

  • Built in 1978
  • 3 stories

Property Details

3 stories
6 full
1978

Monthly Cost Estimate

$3,877/mo

20% down · 6.5% · 30 years

Principal$524
Interest$3,142
Insurance$211

Estimates only. Actual payments may vary.

Location

3069 BERNICE Road

Lansing, IL 60438

Questions & Answers

This 16-bedroom, 6-bathroom residential multi family at 3069 BERNICE Road is listed at $725,000. The estimated monthly payment is $3,142 based on 20% down at 6.5% interest.

Key features include: Built in 1978, 3 stories.

This property is listed by Michael Scanlon and can be reached at (888) 574-9405 or michael.scanlon@exprealty.com.

MS

Michael Scanlon

Agent at eXp Realty

(888) 574-9405

Listed by eXp Realty · View on Broker Site

MLS# 12593038· Source: listhub· Updated 78 days ago

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3069 BERNICE Road, Lansing, IL 60438

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