1025 GALENA FREEPORT, IL
According to Zillow.com the average price per square foot on a single family home in Freeport is $53.00 per square feet. Duplex I don’t know so I’ll treat each of them separately.
HOME DETAILS on Upper unit and lower unit each
CONSTRUCTION Wood
SQUARE FEET About 1450 for each unit or 2,900 sf of total living space
BEDROOMS 2 per unit
BATHROOMS 1 per unit
BASEMENT Yes
YARD Shaped like a triangle but about 60×100
GARAGE AVAILABLE No
.Valuation would be roughly $76,000 for each unit at a 2018 valuation.
You can purchase this 2900 sf duplex outright for $33.00 per square foot or just $97,000 in its present condition.
Or you can purchase one 2b/1b unit for $46,000 in its present condition
DOWN PAYMENT NEEDED Yes $4000 in cash or improvements or a combination of both for each unit.
Or you can rent to own a single unit for 10 years at $600.00 per month
It needs painting, drywall repair, some plumbing and electrical for each unit. Both bathrooms need to be redone. Remove the old ugly carpets and there are beautiful wood floors underneath.
No Bank Qualifying to buy one of these homes. Just rent it for 10 years. Treat it like its already yours. Pay on time every time. Get along with your neighbors. Fix it up the way you want it. If something breaks, fix it. Keep no trespassing signs on the property at all times. Keep the city happy by maintaining your house, mowing your lawn and shoveling the driveway. After 10 years of treating this like your house, it can be yours if you did all of the above.
Would you rather RENT FOREVER or OWN a house free and clear after just 10 years of renting?
If you want to OWN a home, contact me. If you want to rent a home, please find a another place. My only interest is in finding someone who cant qualify to buy a house but would LOVE to own one if they were just given a chance to own. If that’s you, contact me using the link below:
http://rent2ownfreeport.com/contact |