1602 NE MONROE ST Active

Peoria,IL 61603

$ 50000

2 Beds

1 Bath

1133 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,133 sqft

Price per Sqft $44

Subdivision Unavailable

MLS Listing ID PA1256135

Style Bungalow

Bedrooms 2

Full Baths 1

Originating Board rmlsa

Year Built 1930

Annual Tax Amount $1,131

Tax Year 2023

Lot Dimensions 30x101

Property Sub-Type Single Family Residence

Property Description

Attention Investors: Prime Cash-Flowing Opportunity! Presenting an exceptional package of 18 houses, available for $900,000 sold as a complete package (no individual sales). This portfolio includes 11 properties currently rented, generating $8,750 in monthly income. The remaining 7 houses are vacant, offering the perfect opportunity for renovation and to achieve full Section 8 rental value. Once remodeled and rents are brought up to market rates, the potential monthly rental income for this package is an impressive $23,500. This is a rare chance to acquire a well-positioned real estate portfolio with both stable income and substantial room for growth. Don't miss out on this lucrative investment opportunity

Location

State IL

County Peoria

Area Paar Area

Direction ne monroe

Rooms

Basement None

Kitchen Other Kitchen/Dining

Interior

Heating Other

Fireplaces Number 1

Fireplace Y

Exterior

View true

Roof Type Other

Building

Lot Description Other

Faces ne monroe

Water Other

Architectural Style Bungalow

Structure Type Other

New Construction false

Schools

High Schools Peoria High

Others

Tax ID 18-03-252-002

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