1823-1825 N Linn Street, Peoria, IL 61604

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List Price
$65,000
Price Change
▼ $9,000 1791014573
MLS#
PA1265894
Status
ACTIVE
Acres
0.21
Year Built
1880
Municipality
PAAR Area
County
Peoria
Listing Type
Multifamily

Property Description

Own Your Home While Someone Else Helps Pay Your Mortgage! Whether you're purchasing your first home or adding to your investment portfolio, this affordable duplex offers an outstanding opportunity to build equity while generating rental income. Live in one spacious apartment while your tenant helps pay your monthly mortgage, or rent both units for excellent cash flow. This up/down duplex features two spacious 2-bedroom, 1-bath apartments and is conveniently located near shopping, schools, hospitals, restaurants, and major transportation routes. The area continues to experience strong rental demand, making this an excellent long-term investment. MLS# PA1268344 Recent improvements include:"One or more photo(s) has been virtually staged. Furnace approximately 4 years old Water heater approximately 1 year old South roof approximately 4 years old Rear roof approximately 8 years old Nine newer windows Beautiful hardwood floors Investors will appreciate the opportunity to increase rents over time, providing additional income and long-term appreciation potential. The generous lot also offers the possibility of adding a 2-car garage, creating even greater value and future rental income. Cap Rate: 16.2% Property is being sold AS IS. Digitally enhanced photos have been used for presentation purposes. Broker is a principal to the

Additional Information

Sr. High School
Peoria High
Heating
Forced Air, Window Unit(s)

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carolyn Catton (carolyn@cattongroup.com) from Listing Office: Realty Executives Acclaimed.