Description
Calling all investors! 4024 Parkside Avenue is a fully-occupied, turnkey 3-unit in the heart of East Parkside, currently operating at an impressive 8% cap rate with $5,500/month in rental income ($66,000 annually). The property features two 2-bedroom, 1.5-bath units and one 4-bedroom, 2-bath unit, each tastefully finished with hardwood flooring, recessed lighting, stainless steel appliances, quartz countertops, subway tile backsplashes, and spacious bedrooms, ideal for low-maintenance, long-term holds. Current rents are $1,900 and $1,500 for the 2BR/1.5BA units and $2,100 for the 4BR/2BA unit, offering immediate cash flow from day one. This is a true plug-and-play opportunity for an investor seeking a stabilized, modern multi-family asset in an up-and-coming neighborhood, schedule your tour today. Inquire within for video tour of the property.
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0BEDS
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0.03ACRES
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0BATHS
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01/2 BATHS
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2,954SQFT
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$237$/SQFT
Description
Calling all investors! 4024 Parkside Avenue is a fully-occupied, turnkey 3-unit in the heart of East Parkside, currently operating at an impressive 8% cap rate with $5,500/month in rental income ($66,000 annually). The property features two 2-bedroom, 1.5-bath units and one 4-bedroom, 2-bath unit, each tastefully finished with hardwood flooring, recessed lighting, stainless steel appliances, quartz countertops, subway tile backsplashes, and spacious bedrooms, ideal for low-maintenance, long-term holds. Current rents are $1,900 and $1,500 for the 2BR/1.5BA units and $2,100 for the 4BR/2BA unit, offering immediate cash flow from day one. This is a true plug-and-play opportunity for an investor seeking a stabilized, modern multi-family asset in an up-and-coming neighborhood, schedule your tour today. Inquire within for video tour of the property.
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