Courtesy: iHome Real Estate
630-779-3963
Check out this prime 3-unit investment in Malta that offers an excellent opportunity for steady rental income! Situated on a spacious double lot under one PIN number, the building features separate entrances, utilities, and ample living space for each tenant. Recent updates to the property include a new roof and gutters (2019), newer carpet in Unit 3 (2022), updated windows, electrical service, and two new water heaters, as well as a new fridge, front door, and foundation repairs. In 2024, additional improvements were made with the replacement of the front stairs and the installation of new soffit and fascia. The property also offers plenty of off-street parking, a fenced in area for dogs, & a large backyard with plenty of privacy! This property is conveniently located near DeKalb & Northern Illinois University, making it ideal for student or faculty housing. With easy access to Route 38 and I-88, residents can quickly reach surrounding areas like Sycamore and Cortland. Additionally, it's close to the Shabbona Lake State Park, schools, healthcare centers, and has everything you need with a touch of country living! Schedule a showing today!
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.
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.
