Emerald Johnson
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
This is a great investment opportunity for someone wanting to venture into the rental space or someone who is experienced. This property features three rental units. The first unit is a two story large two bedroom, one bath that features hardwood floors and fireplace. The second unit is a one bedroom, one bathroom that features a large bay window and hardwood floors, recent updates include new stove, new bathroom flooring, toilet and updated bathtub. The third unit is on the second level and is a recently remodeled one bedroom, one bath. The basement area has great potential to be turned back into a fourth unit, currently has plumbing for a kitchen, has a bathroom/shower and could be another two bedroom unit. The basement also features a laundry room for the entire building. The building does have a shared driveway with the neighbors through an easement. The building currently has a property manager that is willing to stay on with the property if the new owner would like. The units in this building do not stay empty for long and is a great income opportunity for anyone! Come see your new investment today!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 2,860
County: Hardin
Listed By:
Ferris Real Estate
641-648-4040
No Coast MLS
MLS ID: 6337893
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515 Main Street, Iowa Falls, IA 50126.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $102,000 | $102,000 | $102,000 |
| Down Payment | $20,400 | $3,570 | $25,500 |
| Monthly Mortgage Amount | $489 | $600 | $625 |
| Taxes | $142 | $142 | $142 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $45 | $0 |
| Monthly Estimated Total | $731 | $887 | $867 |
Emerald Johnson
REALTOR®
Cell: (563) 505-5956
Licensed in IA, IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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Listings courtesy of No Coast MLS as distributed by MLS GRID.
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