8134 S Vernon Avenue
CASH FLOW OPPORTUNITY - TURNKEY 2-UNIT IN Chatham This 6-bedroom, 4-bath two-unit building is a true income-producing asset with immediate returns. Perfect for investors looking for strong cash flow with upside. Both units offer spacious layouts with solid rental demand. Current rents are already performing: Upper Unit: $1,500/month (with $500 discount for tenant-provided upkeep/yard work - room to increase) Lower Unit: $2,000/month That's $3,500/month in current gross income, with the potential for higher rents and increased gross income once adjusted to market rates. The property also features a large basement, offering additional storage or future value-add potential. Tenant-occupied and operating - a seamless addition to any portfolio. Sold AS IS. Seller will make no repairs. Conveniently located near major streets, public transportation, and everyday amenities, ensuring long-term tenant appeal. Investor-focused opportunity - strong cash flow, upside in rents, and priced to move. This one won't last long. Submit your strongest offer.
- McDonald's 0.3 mi
- Burger King 0.3 mi
- City Life 0.4 mi
- Pepe's Mexican Restaurant 0.4 mi
- Old Chicago Pizza Company 0.5 mi
- Pepe's Mexican Restaurant 0.5 mi
- Marathon 0.3 mi
- Paradise Grocery 0.5 mi
- Shell 0.6 mi
- Falcon Fuel 0.6 mi
- Shell 0.6 mi
- Citgo 0.7 mi
- Park No. 419 0.5 mi
- Nat King Cole Park 0.5 mi
- Sidney Brown Memorial Park 0.6 mi
- Grand Crossing Park 0.9 mi
- West Chatham Park 0.9 mi
- Avalon Park 1.0 mi
- Mather’s More Than a Cafe 0.5 mi
- Dunkin' 0.7 mi
- Dunkin' 0.8 mi
- Dunkin' 0.9 mi
- Starbucks 1.1 mi
- Dunkin' 1.1 mi
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MLS data provided through MLS GRID · MRED MLS · MLS# MRD12634610