About 1607 Lasalle Ave
Check out this four-unit property on a quarter-acre lot, featuring serene water views from the front porch of Unit 2. Great for a savvy investor or an owner-occupant looking to house hack! The front entrance from LaSalle Avenue opens to a shared foyer with interior access to all units and mailboxes. Three units feature 2 bedrooms and 1 bath, each with market rents around $1,400. Two units are currently rented to long-term residents. The fourth unit is vacant and offers 3 bedrooms and 1 bath, with a market rent of around $1,800. Owner pays about $200/month for water and trash (option to be billed back to residents), while gas and electric are separately metered and paid by tenants. Major updates include a new roof (2021) with a 50-year warranty and new windows (2023) with a 20-year warranty. New floors in unit 4, and recent bathroom updates throughout. Flood insurance is approximately $900 per year. A smart choice for those seeking reliable cash flow and long-term potential.
