7235 Holabird Avenue

Multi-family 3-unit (triplex) rental property in great condition.
Well maintained. All units have separate entrances. Brand new 75 gallon gas water heater.
Naturgal gas forced air heat for the entire building, in addition to electric baseboard heaters
in basement and second floor units. Each unit has it’s own washer and dryer. Consists of 2
– 2 bedroom, 1 bath units (avg. rent per unit $1,000-1,100/mo. w/ utilities included), 1 – 1
bedroom, 1 bath unit (avg. rent $700-800/mo.) currently renting for $825/mo. with long-term
tenant. All units are in fairly good condition. The first and second floor units have been
recently updated with fresh paint and flooring. All appliances are in good working
condition. Brand new roof and gutters/downspouts installed last year. 2-car parking pad
located behind property across from alley and a large shed with potential for additional
income if rented for storage. Low vacancy and rents easily. Two year long leases in place
with a third on the way. Professionally managed. Truly a turn-key rental property. Seller
looking to upgrade to a commercial property (via 1031 exchange). Serious inquiries only. Showings available with proof of funds and an initial rough offer.

Listing courtesy of Hawkins Real Estate Company (410) 413-3575

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