Triton Realty Group is pleased to present the opportunity to purchase a 30 unit apartment building in Aurora. The building has strong in-place cash flow with potential to add value by renovating units and raising the rents. Property is tenant heated with newer windows (2010) and newer water heaters (2014). Units consist of 15 studios, 14 one bedrooms, and 1 two bedroom unit. The property has owned laundry and attached 16 car garage. Building sits a residential neighborhood surrounded by other houses and is less than 2 miles south of downtown Aurora. The location is a short walk to either South River Street Park or Montgomery Park. Contact agent for full offering memorandum.
This listing 946 Oliver Avenue Aurora, Il 60506
is a multi family 5+ listing
on a lot of 32,670 sqft (or 0.75 acres). 946 Oliver Avenue was built in 1959. 946 Oliver Avenue is located in Aurora and in ZIP Code 60506.
It has been listed on our site since 9/11/18.
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*Private mortgage insurance is an insurance policy that a residential mortgage lender requires of the borrower if the loan-to-value (LTV) ratio of the home is greater than 80%. Mortgage insurance protects the lender from the risk that the borrower may default on the loan. Federal law requires lenders to notify borrowers when the loan-to-value ratio drops below 80%. Mortgage insurance premiums vary, but generally range from $1,000 to $5,000 a year for an average priced home.
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