Jeff Dellitt
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Prime Investment Opportunity: 105-109 Northeast 5th Street, Aledo! Unlock incredible income potential in the heart of Aledo with this well-maintained four-unit building. This property represents a premier opportunity for investors seeking immediate cash flow and long-term stability. The strategic layout features two spacious two-bedroom units alongside two efficient studio units, ensuring a diverse appeal that caters to a wide range of local rental needs. What truly sets this investment apart is the perfect balance of stability and immediate growth. The building is currently anchored by reliable, long-term tenants, providing a solid foundation for your portfolio from day one. Additionally, one unit is currently vacant and move-in ready, offering the immediate upside of placing a new tenant at current market rates or even pursuing an owner-occupied financing strategy. Located within easy reach of local Aledo schools, parks, and downtown amenities, this turnkey multi-family property is built to perform. Whether you are expanding an existing portfolio or looking for a strong entry into the market, this is an income-producer you don't want to miss.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Mercer
High School: Mercer County
Subdivision: Original Town Aledo
Listed By:
Adam Merrick Real Estate
homes@adammerrick.com
RMLSA
MLS ID: PA1263753
Shown By
Get in Touch
Shown By
Contact an agent to learn more about
105-109 NE 5th Avenue, Aledo, IL 61231.
Mortgage Calculator
Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $120,000 | $120,000 | $120,000 |
| Down Payment | $24,000 | $4,200 | $30,000 |
| Monthly Mortgage Amount | $553 | $678 | $718 |
| Taxes | $167 | $167 | $167 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $53 | $0 |
| Monthly Estimated Total | $820 | $998 | $985 |
Jeff Dellitt
REALTOR®
Office: (563) 441-5013
Cell: (563) 343-1028
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
Agent License Information: Licensed in IA & IL