Bob Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Attention investors and renovators! This multi-family property offers a great value-add opportunity with four units across three separate buildings situated on spacious lots with a large parking area. The unit mix includes two 2-bedroom units and two 1-bedroom units, providing solid rental potential once improvements are completed. The buildings do require repairs and updates, making this an ideal project for an investor looking to renovate and increase rental income. The generous lot sizes and ample parking add convenience and flexibility for tenants and future improvements. With the right vision and updates, this property has strong potential to become a solid long-term income-producing investment.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Fulton
High School: Farmington
Subdivision: None
Listed By:
Move Smart Realty
RMLSA
MLS ID: PA1264874
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699 E Fort Street, Farmington, IL 61531.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| 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 | $1,888 | $2,286 | $2,425 |
| Taxes | $555 | $555 | $555 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $175 | $0 |
| Monthly Estimated Total | $2,559 | $3,132 | $3,096 |
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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