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Description
Great investment opportunity in the heart of Elmwood! This 4-unit multifamily property offers a solid small-town investment providing immediate income potential. The property does need updates and improvements, making it an ideal value-add opportunity for investors looking to build equity and increase rental income. Located in a quiet community, this property offers the appeal of small-town living while still presenting strong rental potential.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Peoria
High School: Elmwood
Subdivision: None
Listed By:
Move Smart Realty
RMLSA
MLS ID: PA1264875
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201 N Rose Street, Elmwood, IL 61529.
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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 | $148,000 | $148,000 | $148,000 |
| Down Payment | $29,600 | $5,180 | $37,000 |
| Monthly Mortgage Amount | $700 | $837 | $900 |
| Taxes | $206 | $206 | $206 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $65 | $0 |
| Monthly Estimated Total | $1,006 | $1,208 | $1,206 |