Cash Flow Positive 5 Unit Building in Berwyn

Gorgeous 5 Unit Building in Berwyn – $349,850

1844 S Clarence, Berwyn

The best of Berwyn. Legal, cash flow positive, 5 unit brick apartment building. Large octagon style apartments. Building contains four two bedroom units and one one bedroom unit. Four units feature hardwood floors and beautiful hardwood trim. Front two units feature stained art glass windows. Well maintained building in terrific condition, not a fixer upper. Attached 3 car garage generates additional rental income. This building is perfect for any investor looking for a solid building. New in last 8 years: boiler, roof coating, tuck-pointing.

Property has return of 7% and GRM of 7.6 at current price. Two units are rented at $900 month, two units at $850 per month and the 1 bedroom basement unit is rented for $650 per month. The garage and laundry machines generate an additional $3k of income each year.

Living Room

Large rooms feature hardwood flooring, hardwood trim, crown molding and a faux fireplace with wood mantel and book shelves. Numerous windows allow tons of natural light to shine through.

Dining Room

The front units each feature a dining room with hardwood flooring. The large dining room is located centrally off the kitchen and has a ceiling fan and a french door. Several windows to allow for lots of natural light.