Property Overview
Interra Realty has been exclusively engaged to present for sale 5624-26 S. King Drive. Located in the fast appreciating Washington Park submarket, the subject property is a center entrance 7 unit building featuring (4) 4 BD/2 BA, (2) 3 BD/2 BA, & (1) 2 BD/1 BA. There is (1) non conforming garden unit, a 2 story garage in the rear of the property that is rented to a local business, and a laundry room on site for tenant convenience.
There is a significant value add component through the cosmetic renovation of apartment units by upgrading the kitchens and baths to condo quality standard and bringing rents to the top of the market.
Highlights
- Highly Desirable Unit Mix: 2, 3, and 4 BD Layouts
- Spacious Floor Plans Throughout
- Value-Add Component Through Cosmetic Updates of Units
- Prime Washington Park Location
- Located Off Main Commercial Throughfare
- 2 Story Garage Rented to Local Business
- Laundry On-Site
Key Details
Sale Price
$965,000
Number of Units
Seven (7)
Submarket
Washington Park