2310 Elm

Exceptional 3-Unit Investment Opportunity!

Rare chance to acquire a well-maintained and income-producing triplex featuring (2) singles and (1) spacious 3-bedroom/1-bath unit. The property offers strong in-place income with clear upside potential through rent increases and value-add opportunities. Interiors feature updated finishes and systems for reduced maintenance costs and improved tenant appeal. Recent capital improvements include a newer rear roof (2021), recently installed staircase, fresh exterior paint, and completed termite work all reducing near-term expenses. The property also includes 5 garages with automatic openers plus 3 4 additional surface parking spaces, creating potential for additional rental income. Each unit has separate utility meters (3 electric / 2 gas / 1 water), providing the opportunity to implement a RUBS program for water, sewer, and trash recovery. ADU permits have been pursued buyer to verify status and scope offering further value-add potential. On-site laundry includes private hookups for the front unit and shared hookups for the rear units, with potential to add coin or app-operated machines for additional revenue. Located in a desirable rental area, this asset presents an attractive combination of immediate cash flow, long-term appreciation potential, and multiple avenues for income growth.

This home located at 2310 Elm is currently active and has been available on pardeeproperties.com for 17 days. This property is listed at $1,100,000. It has 5 beds and 3 bathrooms. The property was built in 1921. 2310 Elm is in the Wrigley community of County.

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