523 SANFORD Street 1-10 East Peoria, IL 61611
Other
MLS #: PA1260290
Courtesy Of Keller Williams Premier Realty
Property InformationDescription
EXCELLENT INVESTMENT OPPORTUNITY! This 10-unit property generates strong cash flow with the smallest unit renting at $450/month and all others at $650/month. Current net income is approximately $28,000 annually with plenty of upside potential for increased rents. Don t miss your chance to own a solid income-producing property with room to grow! Each of the stand alone units (1,2,3,4,10) have their own gas and electric meters. The block building units 5, 6, 7, 8, 9 all work off one gas, electric meter. Units 5, 6, 7, 8, 9 are serviced off one gas water heater that is in the closet of #7. The stand alone units all have gas water heaters, gas furnaces, gravity type wall , #3 has a gas forced air unit. All units come with working gas range stove and electric fridges. The only exception is #8, seller hasn't replaced it.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 10
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Vinyl Siding
- Heating System: Electric (Heating)
- Heating System: Natural Gas
- MLSID: PA1260290
- Roof Type: Composition
- Roof Type: Shingle
MAP & DIRECTIONS
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