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113 Newman Street Durand, IL 61024 Multi Unit - Multiple Active

  • 113 Newman Street, Durand, IL 61024 Main Photo

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Description

Investors/Landlords- Great opportunity to own a recently updated 8 unit apartment building located in a great, growing community, Durand. Recent improvements: Four of the units have been recently repainted and have new tenants. Last year, the common areas were updated with new paint, lighting and flooring. Electricity (common areas) $190/month, Garage: $154/month, Water & sewer: $562/month, Property taxes: $8700/yr. 8 units, each unit has 2 bedrooms and 1 bath.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Sqft: 6,304
County: Winnebago
Listed By:
DICKERSON & NIEMAN
Rockford Board of Realtors
$599,990
Est. $4,044/mo
6,304sqft
Active
BEDS0 BATHS SQUARE FEET6,304 MLS#202602141
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDurand 322

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Ruhl&Ruhl Realtors

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113 Newman Street, Durand, IL 61024.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $599,990$599,990$599,990
Down Payment $119,998$21,000$149,998
Monthly Mortgage Amount $3,034$3,724$3,767
Taxes $835$835$835
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$264$0
Monthly Estimated Total $4,044$4,998$4,777

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