Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Great investment opportunity in Byron! This all brick 4 unit property sits on a large lot and features four 2 bedroom, 1 bath units. Three units are currently occupied by long term tenants on month to month leases, while the fourth has been recently updated and is vacant giving the new owner the opportunity to set the rent and select their own tenant. Each unit offers a living room, eat in kitchen, two bedrooms, full bath, laundry hookups, and a mechanical/storage room. Sliding patio doors lead to individual patio areas, and there is plenty of off street parking. Multi family properties in Byron are in high demand, move quickly and take advantage of the opportunity to set rents and add this solid property to your investment portfolio!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Ogle
Listed By:
RE/MAX of Rock Valley
815-732-9100
MRED MLS
MLS ID: 12771536
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416 E 2nd Street, Byron, IL 61010.
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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 | $2,124 | $2,606 | $2,586 |
| Taxes | $555 | $555 | $555 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $176 | $0 |
| Monthly Estimated Total | $2,795 | $3,453 | $3,257 |
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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