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Archived 12 months ago

$255,000

5+ bd 2 ba 2380 sqft

1213 N. University Street, Peoria, IL 61606

Residential Duplex

Current Rent **

N/A

Projected Rent **

$2,550

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent:
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 1428 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent:
  • Bedroom: 2 bd
  • Bathroom: 1 ba
  • Square Footage: 952 sqft
  • Occupied: No
  • Needs Repairs: No
  • Off MLS: No

Up Down Duplex Ready for Long Term Renters, MTR, STR or a House Hack

Clean, renovated, up - down flat duplex available for sale and immediately ready for a new investor to bring in tenants. This property has great potential for STR, MTR, house hack or long term rentals. It has a second lot included with a privacy fence as well as a two car garage. Both units feature lots of natural light and many updates and renovations. https://www.greaterpeoriahomes.com/property/792-PA1260544-1213-n-university-street-IL-61606

Contact Justin Ball, RE/MAX Commercial - call/text 309-323-0399 - for questions, showings or offers.

Location:

1213 N. University Street, Peoria, IL 61606

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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.