Amazing opportunity for either an investor 8-10% CAP or someone to live in one house and rent out the other one. The 3rd house ( The Cabin ) is a 2 Br. / 1 Ba. rentable but just a Bonus w/ no value here. The 2 houses are valued at more than 140K each once repaired, but now asking only 250K for all including the 3rd Bonus house because of work needed. HVAC needs repair in the full Brick house. We prefer not to disturb tenant until there is an accepted offer. The vinyl house was built in 1977. New roof and renovations done in 2006 was rented for $775/month. It is backing up to a beautiful field of corn and soybean. Present tenant in the full Brick house is paying only $600/ month. This rent is way below market as he has been there for so many years. The Small Bonus house that is one bedroom one bath was rented for $300/month. A true historic treasure. Stop by and take a peek. For more details on the houses please see attached Pdf.
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