Four efficiency apartmentsBeautiful flat lotPlenty of open space
Unique Investment Opportunity with Homestead Potential! Have you been dreaming of starting your own homestead in a peaceful rural setting--without giving up financial flexibility? This rare property offers the perfect combination of income and opportunity. Formerly a motel, the building has been thoughtfully converted into four efficiency apartments, providing immediate rental income potential. Let your tenants help pay the mortgage while you plan your future. The property sits on a beautiful, flat lot with plenty of open space--ideal for gardening or creating your dream homestead. Even better, there is an additional building site already in place, complete with a separate septic system. While the current owner has not utilized it, it has been indicated as buildable.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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