Team Brown
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Exceptional investment opportunity in Princeville featuring a well-maintained quadplex loving owned & cared for by the same family since 1973! Pride of ownership is evident throughout this property that offers 4 fully occupied units in an outstanding location directly across from both the grade school & high school making it highly desirable for tenants seeking convenience & small-town living w/quick access to Peoria & Galesburg. Each unit offers approx. 950 finished sq ft of living space w/an excellent flr plan featuring 2 BR 1 full BA, generously sized family rm, comfortable BR spaces & back patios for outdoor enjoyment. All 4 units include attached garage w/electric opener plus additional storage areas located at the back of each garage. The 2 interior units offer partial unfinished basements complete w/laundry hookups & additional storage potential. The 2 exterior units feature crawl spaces w/convenient laundry hookups located in a temp. controlled space at the back of garage. These units have consistently been maintained as smoke-free & pet-free residences resulting in exceptionally clean & well cared for interiors throughout the years. Investors will appreciate the strong rental history & the fact that all units are currently occupied. Additional major improvement is new roof, gutters, & downspouts in '25. A rare opportunity to own a clean, solid, income-producing multi-family property w/excellent opportunity for future income growth & increased return on investment.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Peoria
High School: Princeville
Subdivision: Mar Kay
Listed By:
RE/MAX Traders Unlimited
RMLSA
MLS ID: PA1266313
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415 N Town 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 | $389,000 | $389,000 | $389,000 |
| Down Payment | $77,800 | $13,615 | $97,250 |
| Monthly Mortgage Amount | $1,866 | $2,321 | $2,403 |
| Taxes | $541 | $541 | $541 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $171 | $0 |
| Monthly Estimated Total | $2,520 | $3,146 | $3,057 |
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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