Photo 1 of 29
$230,000
Sold on 3/03/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
4.00 |
0 |
$8,081.08 |
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 you can put your business on the first floor and utilize 2 upper units for income or just rent all 4 units. Total rental income $32,827 with a NET ROI of 10.4%, low vacancy rate and downtown location makes this an A + investment opportunity. 3 units are 1bed, 1bath and 4th unit is a 2bed, 1bath just recently updated. Detached 4 car garage for storage or parking and onsite laundry facilities. New roof 2015. Own this property with only 3.5% down, call for more details.
Listing courtesy of Phil Makarewicz, RE/MAX 1st Choice