Listing Description
MULTIPLE OFFERS RECEIVED. HIGHEST & BEST DUE 04/28 AT 5pm. Solid brick 2-flat in the heart of Melrose Park, ideal for investors! Both spacious units offer 3 bedrooms, 1.5 bathrooms, central air, in-unit laundry, and separate utilities, with modern layouts and private entrances. The second unit is currently rented for $1,800/month and features a new water heater, while the first unit is leased at $1,900/month - bringing total monthly rental income to $3,700. Rental comps in the area show potential up to $2,100/month, leaving room to increase cash flow. The property also includes a rare 7-car parking pad in the rear. Conveniently located near schools, shopping, parks, and expressways. A great opportunity for investors looking to add a fully occupied, income-producing property to their portfolio. Please note: photos of Unit 1 are from a previous tenant.