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9554 South Bishop , Chicago, IL 60643

Morgan Park

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Price: $149,900
Bed: 4
Bath: 1.1
Taxes: $1710.75
Market Time: 176 days
Year Built: 1926
Dining Room:
Kitchen: 12X11
Living Room: 11X11
Master Bed: 11X9
Bedroom #2 : 10X9
Assessments : 0

Description:

Rare/Turn key Investment opportunity!! Cap rate 8.1% Almost $17,000 in annual income. With a standard mortgage, Cash on Cash return 10%+. Rest easy and watch the cash cow produce as the property is rented Section 8 through November 30, 2020. Just east of Beverly, this single family Brick bungalow is located on quiet street, but close to all of the new retail development along the 95th and Western corridors. 4 Bedroom 1 and 1/2 bath. Shopping, transportation, and good schools are a breeze. Recent improvements are new kitchens and baths, granite countertops and newer appliances. Seller will consider all offers. Tenant paying 1416 until November 30th.

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