Courtesy: Coldwell Banker Realty
630-377-1771
HUGE 2 unit property! Each side of this duplex has 4 bedrooms, each with their own bathroom, plus a powder room on the main floor. 203 has been updated with new flooring & new appliances in the kitchen. The giant master bedroom includes a hot tub and separate shower area. 201 is a mirror image layout with a 17- year tenant, providing you with consistent income. This home presents a great opportunity to use fully as an income property or to live in one side and rent out the other to help pay your mortgage. The current owners have maintained the home very well, ensuring it's a great investment for the next owners. Outside is a large yard with mature trees and large decks on both sides. The huge 5 car garage in between the units gives each dwelling tons of privacy. See attached documents for list of updates. As-Is condition.
Courtesy: Willow Real Estate, Inc
800-895-3955
IMAGINE OWNING A HOME WHERE YOUR RENTAL INCOME COVERS YOUR MORTGAGE! This unique three-unit property in the peaceful town of Malta offers a special opportunity to enjoy a spacious primary residence while generating income from two attached apartments. Unit A, the main residence, is a substantial 5-bedroom, 2-bath home with over 2,200 square feet. With spacious bedrooms, a primary suite featuring an ensuite bath, and a bonus room perfect as a nursery, office, or dressing room/extra closet, this home offers flexibility for all your needs. This unit is filled with character and offers incredible potential to make it your own. This main unit is also equipped with a Generac generator (installed in 2014) for reliable power. Unit B is a comfortable 2-bedroom, 1-bath apartment with 837 square feet of living space, featuring generously sized bedrooms and a bright atmosphere. Ideal for tenants seeking a cozy yet spacious home, this unit offers immediate rental potential. Unit C is a 1-bedroom, 1-bath apartment offering 625 square feet of well-designed space, including a functional kitchen, a large family room with room for a full dining area, and a comfortable bedroom. Perfect for tenants who seek a blend of comfort and practicality! This property has been well-maintained with some recent updates: a new roof and vinyl siding were installed around 2014, four new water heaters are scheduled to be installed before closing, and the landscaping has been refreshed this year. This home offers ample opportunity to add your finishing touches and unlock its full potential! Conveniently located, this property is just 10 minutes from Northern Illinois University, Kishwaukee College, and DeKalb, and a 15-minute drive to Rochelle and Sycamore. Whether you're looking for a home with income potential or an investment to add to your portfolio, this property offers a unique blend of living space and rental opportunity-live comfortably while your investment works for you!
Courtesy: Coldwell Banker Realty
630-377-1771
Discover a unique floor plan with fantastic income potential - perfect for offsetting your mortgage through rental income or for harmonious multi-generational living. This home offers flexibility by simply adding a door to divide the spacious 3-bedroom main home from the private one bedroom apartment, complete with its own kitchen, bathroom, living room, private entrance and separate off street parking. The units have separate heating systems and utilities The inviting heated front porch opens to a generously sized dining room with original built-ins. The kitchen features butcher block countertops, an island, and a custom built-in coffee bar. The main level offers a spacious living room along with a versatile room that could be a 4th bedroom or home office. The first floor is also equipped with a full bathroom. Upstairs features three additional bedrooms, full bathroom, living room and 2nd kitchen. This charming older home exudes charm, with custom woodwork and hardwood flooring throughout. The unfinished basement provides ample storage, while the spacious yard is ideal for gardening, family gatherings, and outdoor fun. The detached 2.5-car garage adds even more value to this charming property. This affordable, versatile home is truly a gem! Come and see its potential for yourself today! Rent one space, both, or enjoy the full home yourself!
Malta is located in Illinois. Malta, Illinois has a population of 1,491. Malta is more family-centric than the surrounding county with 38.16% of the households containing married families with children. The county average for households married with children is 31.37%.
The median household income in Malta, Illinois is $73,047. The median household income for the surrounding county is $64,019 compared to the national median of $69,021. The median age of people living in Malta is 36.3 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 12.1 degrees. The average rainfall is approximately 36.7 inches per year, with 28.4 inches of snow per year.
