16 bedroom house for sale

Explore an exceptional investment opportunity to own an 8-unit multifamily property nestled within the Brookwood Village, within School District Academy (D-20). This charming brick 8-plex comprises two adjoined buildings, each housing four spacious 2-bedroom, 1-bathroom units, complete with open floorplans spanning 833 square feet per unit. Units have fully-appointed kitchens, with stove/ovens, refrigerators, and dishwashers, as well and stylish brick interior walls in the entry areas. Ideal for tenants seeking generous living space, each unit features large bedrooms and bathrooms, complemented by modern amenities and comfortable layouts. The property boasts an on-site coin laundry facility, ensuring convenience for residents. Currently, rents are positioned below market comparables, offering immediate upside potential for increased revenue. All leases incorporate a 100% utility bill-back structure to tenants, promoting cost-efficiency for the next owner. Recent upgrades, including a new sewer line installation in 2021 with two-way cleanouts at each building, underscore the property's commitment to quality and long-term value. Moreover, being part of the Brookwood Village HOA provides significant advantages, covering essential services such as storm water fees, trash collection, snow removal, grounds cleaning, landscaping, and parking area maintenancea substantial benefit for operational efficiency and tenant satisfaction. This multifamily gem presents a compelling investment opportunity, combining robust rental demand with a prime location that hosts nearby shopping, access to thoroughfare, and more.