1823-1825 LINN Street, Peoria, IL, 61604
Realty Executives AcclaimedBasics
- Date added: Added 1 month ago
- Category: Residential Income
- Type: Residential Income
- Status: Active
- Year built: 1880
- UnitNumber: 2
- SubdivisionName: Bunns
- ListOfficeName: Realty Executives Acclaimed
- ListAOR: rmlsa
- MLS ID: RMAPA1265894
Description
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Description:
Fully occupied duplex generating approxiately $15,600 annually. Estimated NOI $9,300. Approx. 12.4% cap rate at $75,900 Two 2 BR/1BA units Strong rental area. Furnace 4 years old Hot water heater 1 year old. South roof 4 yr old, Back roof 8 yr old. 9 new windws. Hardwood floors. Sold AS-IS Opportunity to increase rents. Improve property by building a 2 car garage. Home sold in "as is" condition This property offers a practical and affordable investment option with a duplex layout, giving buyers the ability to create rental income, house-hack, or add a solid property to their portfolio. . With separate living spaces & strong rental demand, this property is ideal for an investor looking for cash flow and long-term appreciation.The exterior has nice curb appeal, and with the right finishing touches, this duplex can truly shine. Whether you are an experienced investor or purchasing your first income-producing property, this is the kind of opportunity that deserves a closer look. Income-producing asset, Stabilized with upside, Value-add potential Located in Peoria, near everyday conveniences, schools, shopping, and main travel routes, this property gives tenants accessibility and gives investors potential. IMAGES ARE DIGITALLY ENHANCED FOR PRESENTATION. If you are looking for a duplex with income potential, flexibility, and value, 1823-1825 N Linn Street may be the one. Broker is a Principal to the owner.
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Location
- CountyOrParish: Peoria
- Directions: North on Knoxville West onto Nebraska South onto Linn Home on Left
Building Details
- ParkingTotal: 2
- NewConstructionYN: No
- Heating: Forced Air, Window Unit(s)
- Basement: Unfinished
- Exterior material: Other
- Roof: Shingle
- Parking: On-street, Parking Pad
Amenities & Features
- Waterfront available: No
- GarageYN: No
- AttachedGarageYN: No
- FireplaceYN: No
- PoolPrivateYN: No
- Cooling: Central Air
