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Archived almost 3 years ago

$155,000

5+ bd ba 0 sqft

3820 - 3822 N Sheridan Knolls Ct, Peoria, IL 61614

Residential Duplex Occupied

Current Rent **

$1,590

Projected Rent **

$1,885

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $850
  • Bedroom: 3 bd
  • Bathroom: 1½ ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $740
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Duplex Property Available for Sale!

EXCELLENT INVESTMENT OPPORTUNITY. Duplex - one 3 bed, 1.5 bath, one 2 bed 1 bath. All brick which means very low maintenance cost. Both units are rented. One unit has long term tenant. The current rents are under market and has high potential for higher rents. Both units have large rooms. Both sides have a basement. Location is very desirable as it's centrally located and walking distance to Hyvee grocery store. Also close to bus transportation. Tenants pay for electricity, gas and water. Sold as-is.

Listed By:
Venky Basam
Venky Basam Home Team
Keller Williams Premier Realty
License #475174081
Mobile: (309) 213-1742
Office: (309) 282-1544
[email protected]

Location:

3820 - 3822 N Sheridan Knolls Ct, Peoria, IL 61614

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.