Rory Hertzberg
This listing was posted on RealtyWW.
$79,900
Home For Sale In Kankakee, Illinois
Price:
$79,900
BR/BA:
4 BR, 2.5 BA
Location:
307 N 5th Ave, Kankakee, IL
Description:
Welcome to 307 and 309 North 5th Avenue in Kankakee, Illinois. This two-unit property presents an opportunity for savvy investors willing to roll up their sleeves and unlock its full potential. With a little rehab and sweat equity, each unit can become a lucrative source of cash flow. Boasting two bedrooms and one and a half bathrooms in each unit, the layout is tailored for rental investment purposes. One unit enjoys exclusive access to the entire basement, adding to its appeal for tenants seeking additional space. While this property isn't turnkey, its underlying value is undeniable. Priced at $40, 000 per unit, it offers significant upside potential. Comparable units in the area command rents ranging from $900 to $1, 100, indicating promising returns on investment. It's important to note that this is a tax deed sale, and as such, the property must remain on the market for seven days before considering any offers. With a strategic approach to repair and maintenance, this property holds the promise of long-term profitability for discerning investors.For more details: https://realtyww.info/homes_kankakee-d537892/for-sale_i71047689
Property Type:
Single-Family Houses
Posted:
April 24 on RealtyWW
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More About this Listing: Home For Sale In Kankakee, Illinois
Home For Sale In Kankakee, Illinois is a Four Bedroom 2.5 Bath Single-Family Homes for Sale at 307 N 5th Ave in Kankakee IL. Find other listings like Home For Sale In Kankakee, Illinois and listings near 307 N 5th Ave by searching Oodle Classifieds for Four Bedroom 2.5 Bath Single-Family Homes for Sale in Kankakee IL.
Home For Sale In Kankakee, Illinois is a Four Bedroom 2.5 Bath Single-Family Homes for Sale at 307 N 5th Ave in Kankakee IL. Find other listings like Home For Sale In Kankakee, Illinois and listings near 307 N 5th Ave by searching Oodle Classifieds for Four Bedroom 2.5 Bath Single-Family Homes for Sale in Kankakee IL.