Courtesy of: Dean Selvey, RE/MAX Excalibur, dean@deanselvey.com
Courtesy of: Dean Selvey, RE/MAX Excalibur, dean@deanselvey.com
$499,900
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5 bed
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3.00 Bath (3 Full)
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Other
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$499,900
1845 E ILLINI Street Outstanding investment opportunity! Built in 2024 and located in a designated Opportunity Zone, this fully leased duplex offers immediate cash flow with approximately $34, 000 in annual income and an attractive 7% CAP rate. Quality workforce housing with dependable tenants who pay on time and cover their own electric; landlord pays only water and sewer. Also available is the adjacent duplex at 1905 E. Illini, creating a rare opportunity to acquire a side-by-side 4-plex. Each unit features wood-look tile flooring, Samsung appliances, 42'' espresso cabinetry, 2'' wood blinds, and contemporary finishes throughout. Ample parking, low-maintenance construction, and excellent condition make this a true turnkey investment.
Courtesy of: Dean Selvey, RE/MAX Excalibur, dean@deanselvey.com
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