Caroline Ruhl
- Buy
- Sell
Description
Just a mile from Downtown Ottawa, this beautiful, historic, all-brick, 2 story duplex is located on the south side of Ottawa. With a move-in ready unit on one side and a long term tenant on the other, this is an excellent investment opportunity with immediate income. Currently occupied, the 801 unit features a 2 bed/1 full bath upstairs, in addition to a basement with suitable living space, a 1/2 bath, laundry, and is capable of an additional bedroom. The move-in ready 803 unit features 3 bed/1.5 bath. It has been freshly updated with new flooring, carpet, and floor to ceiling paint. The basement of 803 also provides laundry, a half bath, and additional living space potential. Each unit offers its own fenced in yard space and a one-car detached garage. Both units also include a walk-up bonus room / attic for storage. One of the bedrooms of unit 801 has been converted to a utility/storage room for the owner with it's own exterior entrance. This could be reverted to a bedroom for the 801 side or modified for 3rd unit potential. Further updates include: windows and ACs 2017, 801's furnace 2017, roof 2015. This duplex a great opportunity for homeowners looking to move in and build equity while generating income, or for multifamily investors.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 5
Bathrooms: 4
County: LaSalle
High School: Ottawa Township High School
Listed By:
Coldwell Banker Real Estate Group
815-433-5501
MRED MLS
MLS ID: 12667542
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801-803 1st Avenue, Ottawa, IL 61350.
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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 | $240,000 | $240,000 | $240,000 |
| Down Payment | $48,000 | $8,400 | $60,000 |
| Monthly Mortgage Amount | $1,167 | $1,451 | $1,483 |
| Taxes | $334 | $334 | $334 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $106 | $0 |
| Monthly Estimated Total | $1,601 | $1,991 | $1,917 |
Caroline Ruhl
REALTOR®
Office: (563) 441-1776
Cell: (563) 441-1776
Licensed in IA & IL
Corporate Office
5704 Utica Ridge Road
Davenport, IA 52807
(563) 441-5200
Davenport, IA 52807
(563) 441-5200
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