Ray McDevitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
So many possibilities w/this newly renovated 3-unit property in the heart of Morton giving the next owner flexibility to place tenants & select a rental strategy that works for them & choose how they want to utilize this unique investment opportunity. Live in the spacious main flr unit while renting the 2 furnished units upstairs, add to your investment portfolio or explore a combination of traditional & mid-term rentals! Unit A encompasses the main flr & offers 3 BR's, 1 BA, washer & dryer & darling front porch to enjoy. Extensively updated in '25 & '26 w/upgraded electrical, new flring, kitchen cabinets, 6 new windows, interior drs & trim, closet organizers, blinds & entry doors. Upstairs, Units B & C are furnished 1 BR units, each w/private access & history of successful mid-term rental, ideal for traveling professionals & others needing furnished housing. Unit B refreshed w/flring & paint, new kitchen cabinets & countertop, new entry door & window, completely remodeled BA & additional updates. Unit C updated in '25 & '26 w/LVT flring in kitchen & BA, mini-split, refrigerator, entry dr & window & fresh paint. Add. improvements include roof & siding '18, soundproofing between 1st & 2nd flrs, new keypad locks on all drs plus freshly painted decks & porches. 2-car detached garage provides add. convenience. Unit B & C currently rented at $1400.00 per month. Projected rents: Unit A $1,800?$2,000/mo; furnished Units B & C $1,400/mo each. Furnishings included. Call Today!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Tazewell
High School: Morton
Subdivision: JM Campbells
Listed By:
RE/MAX Traders Unlimited
Mobile: 309-229-8831
RMLSA
MLS ID: PA1270211
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309 E Adams Street, Morton, IL 61550.
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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 | $398,000 | $398,000 | $398,000 |
| Down Payment | $79,600 | $13,930 | $99,500 |
| Monthly Mortgage Amount | $2,065 | $2,535 | $2,559 |
| Taxes | $554 | $554 | $554 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $175 | $0 |
| Monthly Estimated Total | $2,735 | $3,380 | $3,229 |
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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