Description
This residential investment property sale is for two parcels that in total have 2 duplexes (4 total units, all occupied, professionally managed) and a vacant apartment building that has begun being gutted to be ready for renovation. The Peoria County PROVAL records list the apartment building as 14, 1 bedroom 1 bathroom/studio units (see Associated Docs). Ameren meters have been removed, utilities turned off, and the boiler in the basement is not functional. Duplexes are all 2 Bedroom/1 Bathroom units (Duplex Rents total $2150). There is also a garage and shed in the rear of the property.
Property Highlights
Property Type: Commercial - Business
Building Description: 3.0 stories
Available Sqft: 6927
General Information
County: Peoria
Listed By:
RE/MAX Traders Unlimited
Mobile: 309-323-0399
RMLSA
MLS ID: PA1265204
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601 NE Perry Avenue, Peoria, IL 61603.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $199,900 | $199,900 | $199,900 |
| Down Payment | $39,980 | $6,997 | $49,975 |
| Monthly Mortgage Amount | $946 | $1,177 | $1,225 |
| Taxes | $278 | $278 | $278 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,324 | $1,643 | $1,603 |