$ 169,500
-
$169,500
Price -
1
Bed -
1
Bath -
0
SqFt
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About the Listing 21823 - 263477
Excellent Investment Opportunity! Welcome to this charming and well-maintained 1-bedroom, 1-bathroom first-floor condo, offering comfort, convenience, and strong rental potential. The thoughtfully designed floor plan features an in-unit laundry, a spacious living room with a dining area, and the flexibility for an eat-in kitchen if preferred. Enjoy two private outdoor spaces-one patio off the living room overlooking the beautifully landscaped courtyard, perfect for relaxing, and a second patio off the kitchen, ideal for outdoor dining or enjoying your morning coffee. Additional storage is conveniently located just outside the unit's back door. The community offers an array of amenities, including ample parking, a private swimming pool, a playground, and beautifully maintained common areas. The low HOA provides exceptional value by covering heat, water, garbage, parking, exterior maintenance, lawn care, snow removal, and access to the community pool, leaving the tenant responsible for electricity only. This investor-friendly property is currently occupied by long-term tenants paying $1,400 per month, which is below current market value. Comparable rentals in the area suggest the potential to increase rents to $1,650 per month or more, making this an excellent opportunity for immediate cash flow with future upside. Conveniently located near shopping, restaurants, parks, public transportation, and major highways, this property offers an ideal combination of location, affordability, and investment potential. The owner is pursuing other investment opportunities, creating an excellent opportunity for the next owner. Don't miss your chance to own this income-producing property in a desirable location with significant upside potential!
Listing Highlights
Status
Active
Days on Site
10
Property Type
Condo/Townhome
MLS ®
12695791
Year Built
1980
Total Square Footage
0
Lot/Acreage
COMMON
Interior Details
- Bedrooms: 1
- Bathrooms: 1 Full
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Natural Gas,Steam,Baseboard
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Cats OK,Dogs OK
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 1
- Lot Dimensions: COMMON
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes
Financial Details
- Tax Amount: $2,122
- Taxes w/Assessments: N/A
- Tax/Property ID: 0229111116
- Tax Year: 2024
Payment Calculator
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Questions About..
167 W Elk Trl Unit 167 Carol Stream, IL 60188
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