Otto Nobis
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Investors - Don't Miss this Opportunity! Versatile Commercial/Investment Opportunity! This unique property currently features a professional office space along with 2 existing apartments, providing multiple revenue possibilities from day one. There is a 1-bedroom apartment on the backside of the office space and a 2-bedroom apartment on the top floor. The front office area could potentially be converted into an additional rental unit, creating even greater income-producing possibilities. Whether you're looking for a commercial space, rental investment, live/work opportunity, or a property to customize your vision, this property offers incredible potential. Bring your vision and make this property work for you, the possibilities are unlimited! Schedule your showing today and explore the income potential for yourself. Office space $1,000 per month, 1-bedroom apartment $475 per month, 2-bedroom apartment $625 per month. 1-bedroom currently rented.
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1930
General Information
County: Williamson
Listed By:
C21 HOUSE OF REALTY, INC. C
618-985-3717
MRED MLS
MLS ID: 12749636
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1201 S Park Avenue, Herrin, IL 62948.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $179,000 | $179,000 | $179,000 |
| Down Payment | $35,800 | $6,265 | $44,750 |
| Monthly Mortgage Amount | $965 | $1,184 | $1,179 |
| Taxes | $249 | $249 | $249 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $79 | $0 |
| Monthly Estimated Total | $1,314 | $1,612 | $1,528 |
Otto Nobis
REALTOR®
Cell: (563) 340-9782
Licensed in IA & IL
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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