Property Detail

Description

All offers due Thursday, April 24th at 12:00 PM. We are pleased to present 4724 E 58th Street, a 5-unit apartment building in Maywood featuring an ideal unit mix of (4) spacious 2-bed/1-bath units (avg. 935 SF) and a detached 4-bed/2-bath single-family residence (1,360 SF). Priced at $215K per unit and $211/SF, the property offers a 13.36 GRM and 3.91% cap rate on current income, with a 7.47 GRM and 8.59% cap rate on market income. There is a massive amount of upside in the rental income. Each unit includes in-unit washer/dryer hookups and is separately metered for gas and electricity. Detached carport parking in the rear.