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404-406 E Prospect Terrace, Freeport, IL 61032

$200,000
  • 404-406 E Prospect Terrace, Freeport, IL 61032 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,560 MLS#202601322
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLFreeport 145

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.

404-406 E Prospect Terrace | MLS# 202601322

This multi-family property located at 404-406 E Prospect Terrace, Freeport, IL 61032 is currently listed for sale with an asking price of $200,000. 404-406 E Prospect Terrace is located within the Freeport 145 school district. Search Freeport real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Heating: Forced Air
Home Style: 2 Units
Roof Type: Shingle
Taxes: $1,501

Appliances

Refrigerator
Stove/Cooktop

Feature Descriptions

Days on Site: 1
Exterior: Stucco
General Features: Laundry in Unit
Separate Utilities: Yes
Sewer: City
Water: City

Local Schools

School District: Freeport 145

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Signature

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 1,091.88 per month $908.46 Principal & Interest $125.08 Property Tax $58.33 Homeowner's Insurance

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