Leslie Roland
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
This multi-family investment property sits on a large corner lot and offers exceptional opportunity. The downstairs unit is currently rented at $1,200/month plus all utilities and features two bedrooms, two living rooms, a kitchen, and a covered back patio. The upstairs has been fully gutted and is ready for renovation, allowing the next owner to add value. Two garages have been built: a 24x24 garage with a standard two-car door and a 26x36 garage with a 10-foot two-car door. The property also includes solar panels that runs all three buildings and will be turned on soon. They are leased at $70/month for 25 years. City approval is in place to tear down the structure and build a duplex, offering even more potential. A prime opportunity awaits!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 2
Bathrooms: 1
County: Livingston
High School: Pontiac High School
Subdivision: Not Applicable
Listed By:
RE/MAX Rising
309-340-1000
MRED MLS
MLS ID: 12740326
Shown By
Get in Touch
Shown By
Contact an agent to learn more about
506 W Reynolds Street, Pontiac, IL 61764.
Mortgage Calculator
Call or Click to get Pre-Approved!
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 | $120,000 | $120,000 | $120,000 |
| Down Payment | $24,000 | $4,200 | $30,000 |
| Monthly Mortgage Amount | $607 | $745 | $753 |
| Taxes | $167 | $167 | $167 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $53 | $0 |
| Monthly Estimated Total | $874 | $1,065 | $1,020 |
Leslie Roland
REALTOR®
Office: (309) 743-8000
Cell: (309) 644-2774
Licensed in IA & IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agent License Information: Licensed in IA & IL