Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Let your imagination run wild with this money making property. Lot size is 3.63 acres so lots of room for expansion here. Currently some of the property is under lease. The house offers 5 bedrooms and 2 full bathrooms, and is not under lease. The expansive outbuilding is also under lease for $2300 per month. In addition to those items there is a Lamar sign that nets $1500 annually. There is a total of $3800 a month revenue here, more with the home added. Now we can discuss this being a perfect location for more rental units. Outbuilding sizes: 26x30 shop, with 16x24 addition and adjoining a 50/90 shop. Finally there is a 90x25 that seller uses as his own storage. The shop is well insulated and has a new furnace in 2023. Shop has 200 amp & 3-phase run to it. Property is being sold as-is, home needs some TLC to shine again and round out an impressive rental opportunity!
Property Highlights
Property Type: Commercial - Business
Year Built: 1999
General Information
County: Monroe
Listed By:
Century 21 Affiliated
608-387-8770
SCWMLS
MLS ID: 2035481
Listing Courtesy of:
Century 21 Affiliated
Agency Phone: 608-387-8770
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22990 Highway 21, Tomah, WI 54660.
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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 | $399,000 | $399,000 | $399,000 |
| Down Payment | $79,800 | $13,965 | $99,750 |
| Monthly Mortgage Amount | $2,070 | $2,541 | $2,566 |
| Taxes | $555 | $555 | $555 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $176 | $0 |
| Monthly Estimated Total | $2,741 | $3,388 | $3,237 |
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
This information, provided by seller, listing broker, and other parties, may not have been verified.
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