Team Brown
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Lovingly owned, meticulously maintained & exceptionally cared for since 1971 by the original owner, this rare investment opportunity in charming Princeville offers 2 separate duplex buildings on 1 parcel featuring a total of 4 units! located on a quiet dead-end street w/paved road, curbs & gutters, tenants will appreciate the peaceful small-town setting while enjoying convenient access to both Peoria & Galesburg! Each unit offers approx. 950 finished sq ft w/desirable floor plan including 2 BR, 1 full BA, generously sized family rm & comfortable BR spaces. Every unit includes an attached garage w/electric opener, additional storage space at the back of the garage, plus private laundry hookups in the partial unfinished basement providing even more storage opportunities for tenants. Pride of ownership shines throughout as these units have always been smoke-free & pet-free, resulting in interiors that are incredibly neat, clean, & well preserved. Investors will immediately recognize the long-term care & low-maintenance appeal these properties offer. An added bonus for future ownership-because these properties have remained in the same family for decades current rental rates have not been adjusted to today's market levels, creating excellent upside potential for increased future income. Whether you are looking to expand your portfolio or invest in a hard-to-find multi-unit property w/strong long-term potential, this is an outstanding opportunity in a highly desirable community!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Peoria
High School: Princeville
Subdivision: Seven Acres
Listed By:
RE/MAX Traders Unlimited
RMLSA
MLS ID: PA1266314
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321 - 333 S Kennedy Avenue, Princeville, IL 61559.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $439,000 | $439,000 | $439,000 |
| Down Payment | $87,800 | $15,365 | $109,750 |
| Monthly Mortgage Amount | $2,106 | $2,619 | $2,712 |
| Taxes | $611 | $611 | $611 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $193 | $0 |
| Monthly Estimated Total | $2,845 | $3,551 | $3,451 |
Team Brown
Cell: (563) 271-3037
Licensed in IA & IL (Moira)
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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