7152 S Emerald Avenue
Stately 6 unit apartment building for sale in emerging Englewood. The property is fully rented and cash flowing, and is currently operating at a 10 + CAP rate. The property underwent an extensive rehab with numerous updates including new kitchens, updated bathrooms, updated roof, refinished hardwood flooring, new lights, new laundry room and much more. This building has an excellent unit mix with 3 x 2 bedrooms and 3 x 3 bedrooms. All major mechanicals are updated including plumbing, individual furnaces and hot water tanks, newer electrical panels and wiring. This is a tenant paid utility set up that allows the owner to have very low operating costs. The building is a large corner building with excellent curb appeal. There is an updated common hallway as well as a large area in the back for tenant parking. The building is fully rented and is stable and cash flowing. Perfect arm chair investment opportunity
- Checkers 0.6 mi
- White Castle 0.6 mi
- Haire's Gulf Shrimp 0.7 mi
- Fred & Jack's 0.8 mi
- Popeyes 0.8 mi
- McDonald's 0.8 mi
- Shell 550 ft
- Not Far From A Dollar 0.3 mi
- Citgo 0.6 mi
- SNKFuels 0.6 mi
- Aladdin's Food 0.7 mi
- Citgo 0.8 mi
- Hamilton Park 0.4 mi
- Leland Giants Park 0.5 mi
- Memorial Park 0.7 mi
- Saint Leo's Veteran's Garden 0.8 mi
- Auburn Park 0.9 mi
- Dr. Martin Luther King, Jr. Park 0.9 mi
- Kusanya Cafe 0.3 mi
- Dunkin' 0.9 mi
- Brewer Coffee & Custard 1.0 mi
- Dunkin' 1.1 mi
- Starbucks 1.1 mi
- Dunkin' 1.1 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12597272