MLS® ID: 10308941
1715 Payne Street
EVANSTON, Illinois, 60201 $429,000
INVESTORS! 9.5% cap rate and low taxes in this updated 2-flat backing up to Twiggs Park just south of the channel near the arboretum. Just a half mile from NWU, this is great investment opportunity for rentals. The top floor unit could rent for $1,800 and the duplex at $2,200. The 1st floor is a duplex down with 3 bedrooms, 2 baths, a family room, and a deck looking out to the park. Kitchen is brand new with quartz counter-tops and stainless steel appliances. Family room can also be used for another bedroom and has a private access. 2nd floor has 3 bedrooms and 1 bathroom. Both units have been recently updated. New roof, new floors throughout, ceramic planking in lower level, updated electrical, new furnaces, and water heaters. 1 new AC compressor and the other is 2 years old. Separate coin laundry room and storage accessible by both units. Please see attached cash flow sheet and floor plans under Additional Information.