14606 Myrtle Avenue

Harvey, IL 60426

About this property

Turnkey Southland cash-flow play - tenant in place, income from day one. This 2BR/1BA Harvey rental is already generating $1,200/mo with a tenant who covers your debt service before you get the keys. Rent currently sits BELOW market (comparable 2BRs run $1,400-1,500), so there's immediate mark-to-market upside - reset at renewal and boost your yield without lifting a hammer. Big-ticket capex is already done: new roof, new windows, new vinyl siding, updated plumbing and electrical, plus a 2020 interior rehab with SS appliances and in-unit laundry. Also financeable via DSCR through Nexa Mortgage (no personal income docs, pre-approval in 24 hrs). Seller including a 12-month home warranty at closing. Sold subject to tenant's rights - investor showings after 6pm, rent roll + lease available with POF/pre-approval. Add a verified, cash-flowing door to your portfolio. Property is SOLD AS IS WHERE IS...

About this property

Turnkey Southland cash-flow play - tenant in place, income from day one. This 2BR/1BA Harvey rental is already generating $1,200/mo with a tenant who covers your debt service before you get the keys. Rent currently sits BELOW market (comparable 2BRs run $1,400-1,500), so there's immediate mark-to-market upside - reset at renewal and boost your yield without lifting a hammer. Big-ticket capex is already done: new roof, new windows, new vinyl siding, updated plumbing and electrical, plus a 2020 interior rehab with SS appliances and in-unit laundry. Also financeable via DSCR through Nexa Mortgage (no personal income docs, pre-approval in 24 hrs). Seller including a 12-month home warranty at closing. Sold subject to tenant's rights - investor showings after 6pm, rent roll + lease available with POF/pre-approval. Add a verified, cash-flowing door to your portfolio. Property is SOLD AS IS WHERE IS...

Features and Additional Information

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$55,000 Active
2 Bed(s)
1
Bath
864 sqft

Presented By Daniel and Associates Real Estate

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Brokerage
Manifest Homes Corporation
1-708-813-9059
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Area Information

Harvey | Cook County |

$ 55,000
This listing is play_arrow 65.6% lower than the average in the area
$ 160,000 in the area
864 SqFt
This listing is play_arrow 15.1% smaller than the average in the area
1,018 SqFt in the area
$ 64 $/SqFt
This listing is play_arrow 59.6% less than the average in the area
$ 157 $/SqFt in the area
104 days on site
This listing is play_arrow 593.3% above the average in the area
15 days on site in the area

Schools in the Area

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Listed By Henry Jones
Brokerage: Manifest Homes Corporation

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