Otto Nobis
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https://www.ruhlmortgage.com/GregCotton.html
Description
Excellent investment or future development opportunity at 212 and 214 South Hickory Street in De Soto. This property includes two 50-by-150-foot lots, each with an existing mobile home and utilities already in place. The home at 212 South Hickory Street is a 1966 12-by-52-foot mobile home with a 12-by-24-foot storage shed. It is currently vacant and has recently received new flooring and paint. The air-conditioning unit is approximately two years old. The home at 214 South Hickory Street is also a 12-by-52-foot mobile home and includes a 12-by-18-foot room addition with a crawlspace underneath, bringing the total living area to approximately 840 square feet. This unit also features a carport and deck. This unit has been occupied by the same tenant for approximately 13 years, providing an established rental history. The air-conditioning unit is approximately five years old. Both homes have newer metal roofs and gas furnaces. The current owner purchased the property as a rental investment with plans for possible future development, including the potential construction of duplexes on the lots. Continue using the property as an income-producing rental, build a new home with utilities already available, or explore future redevelopment possibilities.
Property Highlights
Property Type: Residential - Mobile Home
Built in 1966
High School: Carbondale Community High School
General Information
Bedrooms: 2
Bathrooms: 1
County: Jackson
High School: Carbondale Community High School
Listed By:
Coldwell Banker DHH Realty
618-305-5950
MRED MLS
MLS ID: 12723394
Room Information
Bedroom 2: 8X10
Kitchen: 12X10
Living Room: 12X12
Primary Bedroom: 12X10
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214 & 212 S Hickory Street, De Soto, IL 62924.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $39,900 | $39,900 | $39,900 |
| Down Payment | $7,980 | $1,397 | $9,975 |
| Monthly Mortgage Amount | $212 | $261 | $259 |
| Taxes | $56 | $56 | $56 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $18 | $0 |
| Monthly Estimated Total | $368 | $435 | $415 |
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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