947 W 48Th Street

Description

We are excited to offer this 3 Unit income property for sale. It consists of all 2 bedroom units and is currently producing $8,069.00 per month. Two of the rents have been increased by $102, however Section 8 is still processing them and they are not reflected in the current rent. The building was constructed in 1908 and consists of 1,848 square feet. It sits on a 6,772 square foot lot, which is zoned LARD2. This investment is a great opportunity to produce long term cash flow and possible future development. Please make offers subject to inspection, as this will be shown with accepted offers only.

Listing information courtesy of: Jerome McAlpin, McAlpin & Company 310-437-4172. *Based on information from the Association of REALTORS/Multiple Listing as of 12/25/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.