Description
Excellent investment opportunity! This 2-unit apartment building offers immediate income potential with the lower unit currently occupied by a tenant, while the upper unit is undergoing renovations, providing the opportunity to increase rental income once completed. A detached garage at the rear of the property is currently used by the owner. Whether you're looking to expand your investment portfolio or start building one, this property offers great potential and value.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Clinton
Listed By:
Mel Foster Co. Clinton
563-243-5308
MRED MLS
MLS ID: 12704077
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547 6th Avenue, Clinton, IA 52732.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $110,000 | $110,000 | $110,000 |
| Down Payment | $22,000 | $3,850 | $27,500 |
| Monthly Mortgage Amount | $549 | $665 | $685 |
| Taxes | $153 | $153 | $153 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $48 | $0 |
| Monthly Estimated Total | $802 | $966 | $938 |