8022 S Paulina Street
Turnkey 6-unit multifamily property delivering immediate cash flow with significant upside potential. Four units are currently occupied with tenants paying their own utilities, keeping operating costs lean from day one. Major capital improvements have already been addressed including a new roof, porch, fence, and updated unit interiors - removing the heavy lifting for the next owner. Two vacant units are ready to lease for instant income upside, and the unfinished basement presents an opportunity to add additional units. A 4-car garage and coin laundry installation potential offer even more ways to maximize NOI. Major CapEx done, a stabilized tenant base in place, and multiple levers to force appreciation - 8022 S Paulina is a disciplined investor's dream. Properties with this profile don't last.
- Dolphin's Fish & Chicken 0.3 mi
- Pepe's Mexican Restaurant 0.3 mi
- Wendy's 0.4 mi
- Krispy's Chicken & Seafood 0.4 mi
- White Castle 0.4 mi
- McDonald's 0.4 mi
- Shell 900 ft
- Village Food Mart 950 ft
- Dearborn Wholesale Grocers 0.2 mi
- Citgo 0.4 mi
- Walmart Neighborhood Market 0.6 mi
- Citgo 0.6 mi
- O'Hallaren Park 0.4 mi
- Dawes Park 0.5 mi
- Renaissance Park 0.5 mi
- Foster Park 0.6 mi
- Dr. Martin Luther King, Jr. Park 0.7 mi
- Murray Park 0.9 mi
- Dunkin' 0.9 mi
- Brewer Coffee & Custard 0.9 mi
- Dunkin' 1.1 mi
- Afro Joe's 1.2 mi
Every event we have for this address, straight from the MLS.
Real answers about this home — pricing, schools, what to ask, anything.
Stand in the kitchen.
See the light at 4pm.
Photos can only do so much. Pick a time — we'll meet you at the door.
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12630187