Ben Nelson
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
Your new investment opportunity awaits! 8-total units (7-residential & 1-commercial unit) in these 2-buildings included w/ this sale. A brand new $60,000 TPO roof was just installed in 2026. At an 85% occupancy this investment has the potential of bringing in $29,577 (annual NOI) at a 11.8% cap rate. Or at a 90% occupancy has the potential of bringing in $32,977 (annual NOI) at a 13.2% cap rate. See attached summary of investment figures provided by seller(s). Figures are not guaranteed & should be individually verified by buyer(s). A great investment opportunity for the perfect investor. Proof of funds or pre-approval required prior to any in-person showings.
Property Highlights
Property Type: Commercial - Office
Building Description: 1.0 stories
Available Sqft: 4836
General Information
County: Hancock
Listed By:
KW Hometown
RMLSA
MLS ID: CA1047362
Shown By
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Shown By
Contact an agent to learn more about
602 N Main Street, Augusta, IL 62311.
Mortgage Calculator
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $250,000 | $250,000 | $250,000 |
| Down Payment | $50,000 | $8,750 | $62,500 |
| Monthly Mortgage Amount | $1,314 | $1,613 | $1,620 |
| Taxes | $348 | $348 | $348 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $110 | $0 |
| Monthly Estimated Total | $1,762 | $2,171 | $2,068 |
Ben Nelson
REALTOR®
Cell: (563) 239-8934
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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