2238 N Lorel Avenue
Property Description
Exceptional Remodeled Multi-Unit Property- Welcome to an outstanding investment and living opportunity in the heart of Belmont Cragin! This beautifully remodeled and refreshed multi-unit property offers exceptional versatility, modern finishes, and rare potential for expanded living space. Perfect for an owner-occupant seeking rental income, multi-generational living, or a savvy investor looking for a turn-key property with upside potential. The first floor consists of two bedrooms and one bath freshly painted interior, newly installed interior doors, updated kitchen and bathroom cabinetry, and brand-new kitchen countertops. The second floor consists of three bedrooms, one bath, remodeled kitchen, separate dining room, and separate living room The kitchen features premium new quartz countertops, new stainless steel refrigerator and microwave, updated cabinetry, a newly remodeled bathroom, fresh paint, and new doors throughout. Third-Floor Flexible Space / Duplex-Up Potential: Layout: 2 Additional Bedrooms | Spacious Living Area | 1 Full Bathroom Freshly painted and ready for immediate use. This floor can serve as an expansive recreational/entertainment retreat or be seamlessly integrated with the second-floor unit to create a massive, multi-level five bedroom unit. There is an enclosed parking pad within the fully fenced yard that easily accommodates two vehicles. Hurry!!!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $450,000 |
| Year Built: | 1896 |
| Opportunity Zone: | No |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 3 |
ID: 3yd-EV-12774440
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout