Just Listed 6 Units in Cudahy: 4923 Clara St and 4925 Clara St

We are excited about our new listings:  a fourplex and a duplex located at 4923 Clara St and 4925 Clara St in Cudahy. These are two separate parcels but sold together.

There are several reasons this is to close concurrently with two different loans to the same borrower:

1. Take advantage of the Freddy/Fanny financing. Five or more units are considered multifamily, and fixed-rate financing is almost impossible to find. By breaking them down to a fourplex and duplex, superior financing options are available.
2. There is a shared driveway and greenbelt. If sold separately, the buyer’s lender would require a road maintenance agreement outlining who maintains what portion of the driveway. The shared greenbelt should be subdivided, and a portion applied to the duplex and the fourplex.

4923 Clara St offers a duplex.  One 2 + 1 rented @ $1,000.00, the vacant unit’s rent projected @ $1,200. This duplex sells concurrently with a separate parcel fourplex. Each unit has laundry in the kitchen. No rent control. In addition, there is a greenbelt of approximately 9,000 square feet (BUYER TO VERIFY SIZE) this is not a separate parcel. Buyer to contact the city for possibilities. Offer subject to inspection.

4925 Clara St offers a 3 bedroom, 2 bath owners’ unit with 3 detached units – fourplex. Property to close concurrently with the above-mentioned duplex with a separate parcel number.

Good news for the lucky investor who buys this property is there can be instant appreciation with a possible lot split and or further expansion.