409 E College Street

Two story duplex. Each unit has 2 bedrooms upstairs, one full restroom upstairs, one half bath downstairs. Large living, nice kitchen. Covered back patio with fenced yard. Open parking. Owner pays water. Owner finance is preferred. Owner will finance to qualified buyer. The preferred downpayment is 20%. The expected interest rate is between 7-10%. The note will be amortized over a 30 year term but a balloon payment will be due in 60 months. Current rent is $1,300 per side. Unit A has a new 12 month lease. Unit B is month to month but has been in the unit for many years.