Why not have your tenants help pay your mortgage - especially with the rising interest rates? The lower level of this home (Unit 1) can easily be owner-occupied. Or this three-unit converted home would make a nice addition to a portfolio. Enter through the wrap-around porch to the main entrance of the building. Unit 1 has 2-3 bedrooms, 9-foot ceilings, a new shower, a large living room, a formal dining room, ceiling fans, and a nice kitchen with an entrance to the basement and AC. The garage can be for unit 1 as well as a washer and dryer. (Interior photos are of Unit 1 only). Unit 2 is to the right of the stairs and Unit 3 is at the top of the stairs. Unit 2 has one bedroom, a living room, a kitchenette, and a bedroom with access to the back deck. Unit 3 is more like a "suite" with a living room, bedroom, kitchen, and access to the back deck as well. The two-garage can be for Unit 1 or one can rent it out for an additional fee. (Increased rent for Unit 1 would warrant the use of the garage). The basement is accessible by all three tenants. All three units use the basement space for storage. The corner lot is quite spacious and can be enjoyed by the tenants for outdoor activities. You'll be impressed with the basement. It is all concrete poured and like brand new. Updates include two new water heaters (2020); a new shower in Unit 1 (2022); a chimney stack (2018); newer siding. Close to downtown DeKalb, NIU, and I-88 access. This could be the investment property you are looking for or a great place to call your home while the tenants help pay the mortgage.
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