2nd Chance to own this CASH FLOWING property with growth potential! Buyer's financing fell through. Property includes 5 buildings for a total of 24 units. Includes a mix of 1 and 2 bedroom apartments AND 2 and 3 bedroom Townhome units. Many units have been updated with long-term tenants in place. Professionally managed currently. Management Company would like to remain in place. Gross yearly income of $180,600. Sale includes 745-771 Wabash and 770-790 Smith Street. These units are located in an OPPORTUNITY ZONE and qualify for 3 different tax benefits as outlined in the Tax Cuts and Jobs Act of 2017 (TCJA). Ask Listing Agent for details. Seller prefers to sell in AS IS condition and is looking for a quick closing.
Listing courtesy of Coldwell Banker Gundaker-Chesterfield West.
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