Investment property with immediate income from long standing tenant of 24 years in 1191. Originally 4-Plex. Current duplex could be converted back to 4-Plex. Large lot goes to alley behind home with room for expansion or add a garage & off street parking. Appraised 9/27/16 for $56,000. In need of TLC, but has lots of potential. Updates to 1189 in last seven years: all new floors downstairs and two new bathrooms.
The approximate monthly Principal & Interest payment for this property would be $391. This payment is based on a 30-year loan at a fixed rate of 3.94 % with a down payment of $4,950. Actual lender interest rates and loan programs may vary.
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