🏡(60419 Dolton,il ) GREAT **SECTION 8 **INVESTMENT OPPORTUNITY 🏡

Cook County, Dolton, IL, 60419
Sold
Listed at: September 23rd, 2024
Price
$89,000
ARV
$235,000
Gross Margin
$146,000
Sq. Footage
1017
Type
Single-Family
Parking
Carport
Year build
1954
Lot size
0.13 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

Property Details:


 Dolton IL 60419
- Type: Single Family
- Size: 1,017sq ft
- Current Status: Tenant Occupied with Section 8 Voucher
- Monthly Rent: $1,776

Investment Opportunity:

Located in the dynamic Dolton , thissingle family home represents a prime investment opportunity for those seeking stability and income in the real estate market. 

Key Features:

-Stable Income: The property comes with a Section 8 voucher, ensuring a consistent rental income of $1,600 per month, providing investors with a reliable cash flow.

-Market Position: With the neighborhood's average sale price at approximately $156,000, this property offers competitive value, making it an attractive acquisition for both new and seasoned investors.

-Size and Comfort: Spanning over 1,017 square feet, this home provides ample space, appealing to a wide range of tenants, thus reducing potential vacancy periods.

-Community Benefits: The location offers access to local amenities, community services, and the cultural richness, enhancing the property's appeal.

Investment Analysis:

This property not only promises a steady rental yield but also holds potential for capital appreciation in a neighborhood with a proven real estate market. The combination of rental security through Section 8 and the property's size in relation to the market price makes it a strategic addition to any investment portfolio.

Next Steps:

For investors looking to expand their portfolio with a low-risk, high-reward property, this deal is an opportunity not to be missed. 

Call Peter Today at 630-478-2417!

**Disclaimer:** All viewings are by appointment only. Please respect the current tenants' privacy during your visit.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Peter Sarkowicz

No reviews

Disposition manager