Location makes a big difference in the rental market, and here's a good entry-level multifamily in a convenient West Side neighborhood of mostly single-family homes. At this price you can start your investment portfolio on the right foot; or move in, collect rent from a tenant, and learn the landlording ropes. The first floor unit is a one-bedroom apartment with a sizable living room, and a kitchen with separate dining room with a slider leading to the back deck. Upstairs you have another one-bedroom unit with an extra room currently used as a comfortable bedroom. The back yard is big enough to have held an above-ground pool (now gone) but now will accommodate nice gardens or picnic table, and there are also two sheds (one for each tenant, perhaps). The basement has two laundry hook-ups, an extra 3/4 bathroom, a small office, and semi-finished space that could be completed if you wish; and the boiler was converted to gas last year so expenses are low. You may want to do some updates to the property, but you won't need to pick it up and move it!
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Listing Courtesy ofKeller Williams Realty-Metropolitan