Property Detail

Description

1565 W 51st Street is a four-unit multifamily property situated on a ±13,504 SF LAR2 lot. The property consists of two (2) two-bedroom/one-bathroom units and two (2) one-bedroom/one-bathroom units per public record. The improvements are spread across four separate structures. All units are currently configured and operating as two-bedroom layouts, including a front unit featuring a two-bedroom plus den layout, with the den currently utilized as a third bedroom. The building totals approximately ±3,626 square feet and was originally constructed in 1922. The property features a long driveway with access from the street to the rear, along with alley access, and provides approximately ten (10) on-site parking spaces. Water is master-metered; gas and electricity are separately metered. The current configuration and layout provide flexibility for both investors and potential owner-users, with income in place and multiple paths to reposition or occupy over time.