Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Great opportunity for investment/rental. The main home has 2 stories with 2 optional units featuring 6 bedrooms (Estimated $750/bedroom) , 2 kitchens (one needs finished out upstairs), 2 full baths and laundry room to share (currently set up fully in main level kitchen, was started and almost finished in back of home for multiple units to access). The main house is overall in good condition with some electrical to tidy up, plumbing to tidy up, and some finishing (clean up primarily known). There is a basement level apartment that would need finished out (previous fire years ago and cleaned out overall/no electrical so needs reran) estimated rent could be $900 to 1000. There is a separate efficiency style unit in back with living room/bedroom, small kitchen, bath and closet (potential rent $1100 estimated). This was gutted out recently to fresh start it. Exterior needs siding. 2 car garage (no door). Window AC was previous. Electric baseboard heat. 4 meters for separation (one is not currently in service. There are a few exterior mainly code violations needing tidied up. Rents are based on estimates of similar properties.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Champaign
High School: Central High School
Listed By:
Coldwell Banker R.E. Group
217-351-1988
MRED MLS
MLS ID: 12751826
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212 W John Street, Champaign, IL 61820.
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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 | $225,000 | $225,000 | $225,000 |
| Down Payment | $45,000 | $7,875 | $56,250 |
| Monthly Mortgage Amount | $1,182 | $1,451 | $1,447 |
| Taxes | $313 | $313 | $313 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $99 | $0 |
| Monthly Estimated Total | $1,595 | $1,963 | $1,860 |
Ray McDevitt
REALTOR®
Office: (563) 441-5228
Cell: (563) 940-0754
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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