Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Discover a well maintained duplex investment opportunity at 405/407 Gentleman Rd in Ottawa, IL, both units are currently occupied by reliable tenants, providing immediate and reliable rental income for the next owner. Each unit offers separate entrances and garages, independent utilities, and generous living spaces that offer comfortable living conditions to your tenants. With both units currently leased, investors can step into immediate revenue without the hassle of vacancy or marketing. Whether you're expanding your portfolio or entering the investment market for the first time, this duplex delivers a strong combination of low maintenance, consistent rental demand, and future appreciation potential. Roof 2006, Unit 405 AC 2016, Unit 407 AC 2026, Both units are on grass maintenance plan
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 4
Bathrooms: 2
County: LaSalle
High School: Ottawa Township High School
Listed By:
Coldwell Banker Real Estate Group
815-942-2705
MRED MLS
MLS ID: 12781932
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405 Gentleman Street, Ottawa, IL 61350.
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toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $250,000 | $250,000 | $250,000 |
| Down Payment | $50,000 | $8,750 | $62,500 |
| Monthly Mortgage Amount | $1,331 | $1,633 | $1,620 |
| Taxes | $348 | $348 | $348 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $110 | $0 |
| Monthly Estimated Total | $1,779 | $2,191 | $2,068 |
Shelly Phares
REALTOR®
Cell: (309) 269-2669
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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