4227 Ellenwood Ave

Here is an opportunity to own a newly renovated, solid brick building with nice floorplans. 16 1 Bedroom, 1 Bath units in 2 buildings. Sale includes 4227-29 Ellenwood (8 units) and 4231-33 Ellenwood (8 units). Majority of units are renovated and updated. Units have hardwood floors, central heating and cooling, updated kitchens and baths. Property enjoys long term tenants, increasing rents and steady income. Solid investment in a great rental area. The property is conveniently located and walking distance from historic Bevo mill, bus stops, Southtown Centre, several restaurants, and establishments. Property is attractively priced at 8% CAP rate.