Team Brown
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Turnkey investment opportunity with immediate cash flow! This well-maintained duplex, built in 1996, generates $2,400 per month in rental income and is occupied by reliable long-term tenants paying $1,200 per month per unit. Skip the hassle of renovations and vacancy periods and start collecting income from day one. Each unit features 2 bedrooms, 1.5 bathrooms, spacious living areas, and private basements equipped with washer and dryer appliances. Tenants are responsible for the majority of utilities, helping to keep ownership expenses low and maximize cash flow. Exterior amenities include a welcoming front porch, a 2-car garage, and ample driveway parking for residents and guests. Property being sold as-is, interior photo's taken prior to tenancy, exterior photo's updated. Whether you're looking to expand your portfolio or secure your first investment property, this income-producing duplex offers strong rental history and immediate returns! Reach out with any questions!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 4
Bathrooms: 4
County: Peoria
Listed By:
Rainmaker Collective - Real Broker, LLC
563-661-5936
MRED MLS
MLS ID: 12670869
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6104 N Frostwood Parkway, Peoria, IL 61615.
Mortgage Calculator
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $220,000 | $220,000 | $220,000 |
| Down Payment | $44,000 | $7,700 | $55,000 |
| Monthly Mortgage Amount | $1,055 | $1,313 | $1,359 |
| Taxes | $306 | $306 | $306 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $97 | $0 |
| Monthly Estimated Total | $1,461 | $1,816 | $1,765 |
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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