515 W 61st St Westmont, IL

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Home For Sale In Westmont, Illinois

Price: $525,000
Address: 515 W 61st St
City: Westmont
State: IL
Zip:
Bathrooms: 4
Bedrooms: 8
Fee: No
Provided By: RealtyWW

Description:

Great income producing 4-flat in Westmont. Rents are deposited into your bank account electronically like clockwork on the first of the month because they are all Housing Vouchers. Many long-term tenants. Units could be more updated, but the government does regular inspections, so everything is in decent condition. One unit was freshened up about a year ago. If the building was more updated, rents for 2 bedrooms run $1200-$1300 in the area. NEW Roof in 2018, NEW Boiler in 2010, NEW Hot Water Heater in 2010. Gross income is $52, 560. Expenses including property taxes are $15, 571, so net income is $36, 988. Other expenses listed under expenses are for the fire alarm, sewer, landscaping, and snow removal. Get this property today, to get a reliable, money-making property.For more details: https://realtyww.info/homes/home-for-sale-in-westmont-illinois_i21000999

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