207 S Lake Street Lake Mills, IA 50450 Commercial - Investment

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Wed, Jun 10th 5:00pm - 6:00pm

Description

Investment Opportunity: 8-Plex Rental Unit Alert! Ready to level up your investment game? Here's your chance to own an entire 8-plex rental unit?yes, you read that right! Featuring 6 one-bedroom apartments (perfect for those who love to keep things cozy) and 2 two-bedroom apartments (for when you need a bit more room to stretch out), this property is packed with potential. Several units have been given a fresh makeover with newer flooring and paint, just waiting for tenants to call them home! Come see the value and potential of this investment?and who knows, it might just be your new favorite purchase!

Property Highlights

Property Type: Commercial - Investment
Year Built: 1880

General Information

County: Winnebago
Subdivision: CD SMITHS ADD
Listed By:
Realty ONE Group Black Diamond 641-592-2665
No Coast MLS
$165,000
Est. $1,132/mo
New to the Market Active
MLS#6339080
STATUS PROPERTY TYPECommercial - Investment SUBDIVISIONCD SMITHS ADD

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207 S Lake Street, Lake Mills, IA 50450.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $165,000$165,000$165,000
Down Payment $33,000$5,775$41,250
Monthly Mortgage Amount $802$998$1,019
Taxes $230$230$230
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$73$0
Monthly Estimated Total $1,132$1,401$1,349

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