Listing provided courtesy of Real People RealtyMREDMLS# 12690087MLS Provider
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Exceptional Investment Opportunity - Legal 5-Unit Building on an Extra-Wide Lot! Don't miss this rare opportunity to own a legal 5-unit apartment building situated on an oversized 66' x 124' lot in the highly desirable West Ridge neighborhood, just steps from Mather Park and Mather High School. All five apartments are located above grade, providing bright and comfortable living spaces. The building also features a rear addition currently used as a coin-operated laundry room and storage area, offering potential to be converted into an additional unit or other income-producing space (subject to zoning and municipal approval). The expansive lot includes a 2-car garage, 4 additional exterior parking spaces, and a large backyard with plenty of room to add more parking for additional rental income (subject to municipal approval) or create a beautiful outdoor gathering area and garden. Unit Mix: Three east-side units featuring 2 bedrooms + den and 1.5 bathrooms, andTwo west-side units featuring 2 bedrooms and 1.5 bathrooms. Building Features & Updates: Unit 1W features forced-air HVAC. The remaining units are heated by a well-maintained radiator system with window air conditioning units.Six updated electrical panels. Newer Weil-McLain boiler. Two gas meters: one dedicated to Unit 1W and one serving the common areas/building. Utilities: Tenant in Unit 1W pays their own gas and electric. Tenants in the remaining units pay their own electricity for lighting and electric cooking, while heat is provided by the building. The property has been well maintained by the current owner and is occupied by long-term tenants with below-market rents, presenting an outstanding value-add opportunity. A new owner can renovate the units over time, increase rents to market levels, and significantly improve cash flow and long-term returns. Whether you're looking to expand your investment portfolio or acquire a stable, income-producing property with tremendous upside, this West Ridge multifamily building is an opportunity you won't want to miss!

Source: MRED, MLS#: 12690087

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  • Property Type
    Commercial Sale
  • Lot
    0.19 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 6044 N Mozart Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/29/2026Source: MRED Added to Database
June 29, 2026