Brianna Bowman
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Excellent Investment Opportunity - 6-Unit Multifamily Property Don't miss this strong cash-flowing investment property featuring 6 total units, including 3 one-bedroom apartments and 3 studio apartments. This well-maintained building offers an attractive opportunity for both new and experienced investors looking to start or expand their rental portfolio. Recent improvements include refreshed common hallways, a new furnace (2021), new water heater (2022), as well as vinyl siding and replacement windows. Tenants enjoy the convenience of an on-site laundry room with coin-operated machines, providing an additional income stream for ownership. Units 1, 3, 4, and 6 have been recently updated, and the photos reflect their condition prior to being re-leased. Units 2 and 5 have been occupied by long-term tenants for more than four years and were refreshed before their current occupancy. Featuring efficient, easy-to-rent floor plans and solid rental history, this property is a great addition to any investment portfolio. Whether you're looking for your first multifamily investment or your next income-producing asset, this opportunity deserves a closer look.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Livingston
Listed By:
Judy Powell Realty
815-626-7450
MRED MLS
MLS ID: 12669430
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221 S Mill Street, Pontiac, IL 61764.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $229,000 | $229,000 | $229,000 |
| Down Payment | $45,800 | $8,015 | $57,250 |
| Monthly Mortgage Amount | $1,113 | $1,366 | $1,415 |
| Taxes | $319 | $319 | $319 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $101 | $0 |
| Monthly Estimated Total | $1,532 | $1,886 | $1,834 |
Brianna Bowman
REALTOR®
Cell: (319) 217-8974
Licensed in IA
Burlington Office
403 South Gear Avenue
Suite 105
West Burlington, IA 52655
(319) 752-9933
Suite 105
West Burlington, IA 52655
(319) 752-9933
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