Bob Hilbert
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Highest and best offers due by Friday June 19th at 4 pm. Looking for a turnkey long term investment? This well maintained four unit apartment building offers an excellent opportunity for investors seeking reliable cash flow and minimal maintenance. The current owners have extensively modernized and updated the property over the past decade, with improvements reaching down to the framing in many areas. Major upgrades include a new roof installed in 2022, along with updated windows, kitchens, bathrooms, flooring, trim, and more. Each unit features a practical and efficient floor plan that maximizes living space. Tenants enjoy bright and inviting two bedroom layouts, comfortable living rooms, functional kitchens, and a full bathroom. The upper level units each include a private balcony, adding to their appeal. Additional income is generated through the on site coin operated laundry facility. The building is equipped with low maintenance electric heating systems and wall-mounted air conditioning units, helping keep operating costs predictable. Convenient on site parking and a desirable location within walking distance of schools, shopping, restaurants, and other amenities make this property especially attractive to tenants. Rental units in Sandwich remain in high demand, providing strong occupancy potential and dependable investment performance. Invest with confidence in this thoughtfully updated and professionally maintained apartment building.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: DeKalb
High School: Sandwich Community High School
Listed By:
Swanson Real Estate
815-786-9418
MRED MLS
MLS ID: 12669298
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310 Wilshire Drive, Sandwich, IL 60548.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $469,900 | $469,900 | $469,900 |
| Down Payment | $93,980 | $16,447 | $117,475 |
| Monthly Mortgage Amount | $2,284 | $2,803 | $2,903 |
| Taxes | $654 | $654 | $654 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $207 | $0 |
| Monthly Estimated Total | $3,075 | $3,801 | $3,694 |
Bob Hilbert
REALTOR®
Cell: (563) 340-9593
Licensed in IA & IL
DeWitt Office
903 Sixth Avenue
DeWitt, IA 52742
(563) 659-9433
DeWitt, IA 52742
(563) 659-9433
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