Callie Miller
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Investment opportunity in the heart of Homer! This stately home sits on a corner lot along Main Street and has been converted into two spacious apartment units, each offering approximately 1,224 square feet. The main-level unit features 2 bedrooms, 1 bathroom, impressive 10-foot ceilings, hardwood flooring, and original woodwork that adds to the home's character. The upper unit offers 3 bedrooms, 1 bathroom, and an enclosed porch. Both units feature updated kitchens, in-unit washers and dryers, and separate furnaces and water heaters. Approximately 80% of the windows have been replaced. A full basement provides additional storage, while the two-car detached garage provides one parking space for each unit. Additional features include a gravel driveway and city water and sewer. Both units are currently leased, including a long-term tenant in the upper unit, offering an opportunity to add an established rental property to your investment portfolio.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 4
Bathrooms: 2
County: Champaign
High School: Heritage High School
Subdivision: Thomas and Cores
Listed By:
Green Street Realty
MRED MLS
MLS ID: 12765171
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401 S Main Street, Homer, IL 61849.
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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 | $152,000 | $152,000 | $152,000 |
| Down Payment | $30,400 | $5,320 | $38,000 |
| Monthly Mortgage Amount | $799 | $980 | $985 |
| Taxes | $212 | $212 | $212 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $67 | $0 |
| Monthly Estimated Total | $1,111 | $1,359 | $1,297 |
Callie Miller
REALTOR®
Cell: (563) 676-9109
Licensed in Iowa
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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