1417 W. Olive Ave.
Neighborhood
AndersonvilleNumber of Units
3Price
$845,000Highlights
- Recent Modern Updates
- ADU Potential: Located in the ADU pilot zone, allowing the creation of a 4th dwelling unit
- Fully occupied with 2 car garage included.
Description
Welcome to 1417 W Olive, a 3-unit all-brick walk-up building in the Andersonville neighborhood. This building is fully occupied with rents approximately 25% below current market rents. In addition, the property is located in the ADU pilot zone, allowing the new owner to create a 4th dwelling unit. Most recent updates include a new kitchen in unit 2 (2016) and unit 3 (2019), a new bathroom in unit 2 (2019), rebuilt parapet walls (2014), rebuilt chimney (2014), and a new tear-off roof (2014). The property also includes a 2-car garage currently rented through Spot Hero.
Contact your Essex 312 broker for more information.