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Carolyn Catton, Designated Managing Broker
Realty Executives Acclaimed
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Courtesy of: Carolyn Catton, Realty Executives Acclaimed, carolyn@cattongroup.com
$79,900
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Built in 1880
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Lot: 0.21 acre
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Residential Income
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1823-1825 N LINN Street 2 Fully occupied duplex generating approxiately $15, 600 annually. Estimated NOI $9, 300. Approx. 13.67% cap rate at $79, 900 Two 2 BR/1BA units Strong rental area. Furnace 4 years old Hot water heater 1 year old. Sold AS-IS Opportunity to increase rents. This property offers a practical and affordable investment option with a duplex layout, giving buyers the ability to create rental income, house-hack, or add a solid property to their portfolio. . With separate living spaces & strong rental demand, this property is ideal for an investor looking for cash flow and long-term appreciation.The exterior has nice curb appeal, and with the right finishing touches, this duplex can truly shine. Whether you are an experienced investor or purchasing your first income-producing property, this is the kind of opportunity that deserves a closer look. Income-producing asset, Stabilized with upside, Value-add potential Located in Peoria, near everyday conveniences, schools, shopping, and main travel routes, this property gives tenants accessibility and gives investors potential. Images are digitally enhanced for presentation. If you are looking for a duplex with income potential, flexibility, and value, 1823 N Linn Street may be the one. Broker is a Principal to the Seller
Courtesy of: Carolyn Catton, Realty Executives Acclaimed, carolyn@cattongroup.com
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