Bedford Team
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
Explore the investment potential in this Post Office/Apartment building. Steady income from the US Postal Service on a 4 yr lease with 5 year option for $7,100 per year and the Seller pays the water utility only. The Post Office has had many updates. Additional income can be captured from two apartment rentals. An upper level, 1 bedroom apartment has an open living area, galley-style Kitchen and a full bath. The lower level unit is in need of significant repair and the configuration can be customized.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1908
General Information
County: Marion
Listed By:
Cross Davidson Real Estate
618-242-1234
MRED MLS
MLS ID: 12586457
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303 3rd Street, Kell, IL 62853.
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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 | $75,000 | $75,000 | $75,000 |
| Down Payment | $15,000 | $2,625 | $18,750 |
| Monthly Mortgage Amount | $365 | $453 | $463 |
| Taxes | $104 | $104 | $104 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $33 | $0 |
| Monthly Estimated Total | $569 | $690 | $667 |
Bedford Team
Cell: (563) 343-8688
Nikki Bedford Licensed in IA & IL
John Bedford Licensed in IA
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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Agent License Information: Nikki Bedford Licensed in IA & IL
John Bedford Licensed in IA