19
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$200,000
Est. payment /mo
4 Beds
2 Baths
0.25 Acres Lot
Active
404-406 E Prospect TER Freeport, IL 61032
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12590298
Bedrooms 4
Year Built 1897
Annual Tax Amount $1,501
Tax Year 2024
Lot Size 10,890 Sqft
Lot Dimensions 80X134
Property Sub-Type Two to Four Units
Property Description
Stop Renting. Start Owning! Unique homeownership opportunity designed for renters ready to make the move to owning. Two-story duplex featuring 2 bedrooms and 1 bathroom in each unit. The main floor unit offers a spacious living room and separate dining room with hardwood flooring, plus a kitchen with new vinyl plank flooring and main floor laundry hookups. The upper unit features a light-filled living room, separate dining room, and kitchen with new vinyl plank flooring. Property also includes separate basement access, separate utilities, and updated 100-amp service. Great opportunity for an owner-occupant or investor. This property qualifies for a unique homeownership program designed to help renters transition to ownership with minimal upfront cash and a simplified approval process. Example terms: $200,000 purchase price with payments as low as $1,395/month. Security deposit may be applied toward the down payment, and the first month's rent becomes the first mortgage payment. Program designed for hardworking buyers, including self-employed, 1099 earners, small business owners, ITIN holders, and credit-rebuilding applicants. If you qualify to rent, you may qualify to own. Program availability and terms vary. All approvals subject to income verification and underwriting guidelines. Equal Housing Opportunity.
Location
State IL
County Stephenson
Area Freeport
Rooms
Basement Unfinished, Full
Interior
Heating Forced Air
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Stucco, No
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction false
Schools
School District 145 , 145, 145
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Olga Kampmeier of Keller Williams Realty Signature
NEARBY SCHOOL & BUSINESS
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