1823 1825 Linn Street, Peoria, IL 61604

Property Description

Why rent when your tenant can help pay your mortgage? 16.2% cap rate! Live in one unit and collect rental income from the other! This versatile property is currently a duplex, making it an excellent opportunity for first-time homebuyers, owner-occupants, or investors seeking immediate cash flow. Continue using it as an income-producing property or convert it back into a spacious single-family home to meet your changing needs. The oversized lot provides plenty of room to build a detached two-car garage, workshop, or additional outdoor entertaining space. Whether you're looking to reduce your monthly housing expense, build long-term wealth through rental income, accommodate extended family, or expand your investment portfolio, this property offers exceptional flexibility. Located near shopping, restaurants, schools, parks, medical facilities, and major roadways, you'll enjoy both convenience and accessibility. A rare opportunity to own a property that can adapt to your lifestyle while helping you build equity and create financial security with the additional income from other unit. It also works as a possible-owner-occupant investment: live in one unit and rent the other to help offset the mortgage. Cross-listed as Residential Income MLS #PA1265894. Sold "AS IS " condition. Show and Sell! "One or more photo(s) has been virtually staged.