Photo 1 of 25
$203,000
Sold on 5/15/17
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
0.00 |
0 |
$8,044 |
1929 |
On the market:
56 days
|
View full details, 15 photos, school info, and price history
ATTENTION INVESTORS ! Fully occupied 4 unit zoned C-3 commercial in historic downtown Ottawa IL. All brick building with many possibilities, currently used as a 4 unit rental, with C-3 commercial zoning put your business on the first floor and utilize 2 upper units for income. Total rental income for 2016 is $32,827 with a NET ROI of 9%, low vacancy rate and downtown location makes this an A + investment opportunity. 3 units are 1bed, 1bath and 4th unit is a 2bed, 1bath. Detached 4 car garage for storage or parking and onsite laundry facilities. New roof 2015. Own this property with only 3.5% down payment, other creative financing options available. Call for details.
Listing courtesy of Phil Makarewicz, RE/MAX 1st Choice