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Value-add opportunity in Woodridge. 2513 22nd St NE (2 units) and 2515 22nd St NE (4 units) are being sold together for a total price of $800,000. All 6 units across both buildings are configured as one bedroom + den / one bath apartments but it is possible to add bedrooms in all units. The buildings have large unfinished basements that can be converted into living space. There are currently 2 vacant unit, the other 4 are occupied. In-place rents range between $1,000/month and $1,384/month. Units are in good condition but dated. Electric and gas are separately metered. The lot is large and deep, measuring 7,500 SF. Zoning for both parcels is R-1B. Contact us today with any questions!
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