Bob Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Fully occupied and newly remodeled mixed-use building featuring 2 residential apartments and 3 commercial units. Long term tenants and long-term leases with a strong 9.07% cap rate and minimal landlord responsibilities. In place NOI of $51,216, and gross income of $62,556. Ideal for investors seeking stable cash flow and turn key property.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Tazewell
High School: Morton
Subdivision: Pine Hill
Listed By:
R & R Realty
Office: 309-696-7628
RMLSA
MLS ID: PA1257871
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19478 Springfield Road, Groveland, IL 61535.
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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 | $569,000 | $569,000 | $569,000 |
| Down Payment | $113,800 | $19,915 | $142,250 |
| Monthly Mortgage Amount | $2,656 | $3,260 | $3,459 |
| Taxes | $792 | $792 | $792 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $250 | $0 |
| Monthly Estimated Total | $3,614 | $4,468 | $4,417 |
Bob Kelly
REALTOR®
Cell: (563) 650-2168
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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