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Building Details:
• Year Built: 1853
CASH FLOW KING! 17.5% CAP RATE! Duplex 1 block from Northern Illinois University. Includes a one bedroom apartment and a 5 BR licensed rooming house. This rooming house license allows you to rent to more than 3 (non-related) tenants and also means this property has been inspected annually by the fire department. Fully leased through 7/31/16 with very low vacancy rate. 1 BR Rents for $450 and 5BR rents for $1400. Tenants pay all utilities. Front and rear access for both the apartment and the rooming house with a shared driveway to parking in the back. See it today!
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