Dan Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
This updated 3-unit apartment building offers a prime investment opportunity with great curb appeal and modern updates throughout. The property has been meticulously cared for, with all major updates completed in the last few years, including a new roof, siding, windows, and electrical service. Each unit has been updated and features separate electric panels, and individual water heaters, making it a hassle-free rental option for tenants. The building is heated by an efficient shared boiler system, also replaced in the last two years, and monitored by in-unit sensors for added safety and convenience. Additionally, the property includes three garage units with a brand-new roof (2024). These garages are not currently being utilized by tenants, but with the simple addition of garage doors, they could be transformed into income-generating spaces for storage or parking. This turn-key property is ideal for investors looking for a well-maintained, low-maintenance rental with strong income potential and additional opportunities for revenue growth. Schedule a showing today!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 5
Bathrooms: 3
County: LaSalle
High School: La Salle-Peru Twp High School
Listed By:
The Chrysalis Group
815-433-4030
MRED MLS
MLS ID: 12769818
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905 4th Street, La Salle, IL 61301.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $225,800 | $225,800 | $225,800 |
| Down Payment | $45,160 | $7,903 | $56,450 |
| Monthly Mortgage Amount | $1,187 | $1,456 | $1,464 |
| Taxes | $314 | $314 | $314 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $99 | $0 |
| Monthly Estimated Total | $1,601 | $1,969 | $1,878 |
Dan Kelly
REALTOR®
Cell: (563) 320-5473
Licensed in IL & IA
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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