Properties

Property Description

4 Apartments total. Unit 1 is a main level and Unit 2 is an upper unit these are the same floor plan. Each has 3 bedrooms with 1 bath offering large living room and dining room. 1300 square feet each these Apartments are spacious and have natural woodwork and wood floors. Unit 3 is a 1 bedroom with its own private entrance off the back side and Parking in back. Unit 4 is a studio this unit has street front, lower level entrance. This Brick property has all new windows. Roof was done in 2015 and is well maintained. Fully rented. Monthly income is $3075. Annual income $36,900. At the ask price this is a 7.7% cap rate calculated with 35% in expenses. Currently the owner pays water. Tenants pay their own Gas and Electric. Tenants rights will need 24- 28 hours to confirm showings. Currently has single person management team. Leases and rent rolls available.

Features
: Gas
: Full, Finished
: Shingle
: 4
: Common Area
: Level
: Parking Pad
Address Map
US
IL
Peoria
Peoria
SHERIDAN
2405
Road
0
W90° 23' 46.5''
N40° 43' 1.7''
War Memorial Drive to south on Sheridan
N
MLS Addon
Keller Williams Premier Realty
Cathy
Algas
$0
: Brick
3
Peoria High
RMAPAP601067
RMAPAPKWPR
Active
14-32-430-036
: Two Or More Story
Altamont Park
$2,232
2023
[email protected]

Residential Income For Sale

2405 SHERIDAN Road, Peoria, Illinois

0 Acre
$309,000
Listing ID #RMAPA1255182
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : RMAPA1255182
Price : $309,000
Year Built : 1925
Lot Size : 0 Acre
Lot Size Dimensions : 45 x 125
Property Sub Type : Residential Income
Standard Status : Active
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