Own a home with monthly income..that..owner would
consider swapping for westside home worth $120,000

Front house..with 2 bedroom apartment
upstairs...... 3 bedroom apartment down

Back house..with 1 bedroom apartment
in each side..and..2 garages in the back

I am selling my home located at 512 E. Riverside Drive in Evansville Indiana that has 3 rental units included in the package for $120,000.. or.. I would consider swaping property that includes 3 bedroom house on west side of Evansville that is of equal value

I have owned home since 1983 and everything is in tip top shape.. roof on front house is 2 years old.. roof on back garages are 4 years old.. roof on duplex is 15 years old.. waterline and gas line to duplex has been updated

The front house with office has 3 bedrooms, and bath down, and 2 bedrooms and bath up, with full basement. Large Living room downstairs is now used as Insurance office.. apartment upstairs could easily be rented for $450+ a mo.. apartment downstairs could be lived in by buyer or rented for $550+ monthly

Two 1-bedroom apartments at rear of front house is presently providing $475 monthly from tenants who have rented the apartments for over 10 years each.. but.. each could easily be rented for $300 monthly.. the house also has a two car garage.. with a carport.. small storage shed.. 1 car garage at the rear of property and the entire property has wood fence around the property line

You could buy home as
investment.. that'll.. earn
you $1310.00...... every mo

$120,000 bank CD.. only
earns $300.... every month

You could...... buy home
live.... in one apartment
and bank..$135.43 monthly
by letting other 3 units pay
$624.57 pmt... on $110,000
loan..... $290 mo expenses

$110,000 financed for
30 yrs at 5.5%... would
cost you....... $624.57 mo

If.. you have.. $10,000 to
put down to get the loan

My monthly expenses
Insurance......... $ 90.00
Taxes.............. $110.00
Water............... $ 90.00

TOTAL.... $290 mo.

Possible... mo income
3 bedroom......... $550+
2 bedroom......... $450+
1 bedroom........... $300
1 bedroom........... $300
TOTAL..$1600+ mo.