This unique property has immense potential for the right investor. Two separate homes on one parcel--7290 E 69th Place has two units; upstairs is a 3 bed/1 bath and the basement, via separate entrance, has another 3 bed/1 bath unit. (non-conforming). Both have in-unit laundry. 6931 Quebec St sits on the same parcel and is another 2 bed/1 bath 785 square foot home that is not included in the square footage from the county. It also has an in-unit laundry. The two homes share water and sewer but have separate electricity. There is a third structure that could serve as a workshop or storage.
The Quebec St property is tenant occupied and currently leased at $1650/month (month to month lease and tenant would like to stay). With some improvement, both of the 69th Place units could rent for the same, or more, generating a generous cap rate. Or live in one and rent out the other two to pay your mortgage.