Properties

Property Description

LOOKING TO STEP UP YOUR PORTFOLIO? HIGHLY SORT AFTER 11 UNIT BUILDING. LOVELY VIEWS OF MADISON GOLF COURSE. GENEROUS APTS W/ IDENTICAL FLOOR PLANS. 1100 SQ FT ALL 3 BEDROOM UNITS 1.5 BATHS. OVERSIZED MASTERS W HALF BATH. DINING OPEN TO GALLEY KITCHEN. QUAINT BRICK FIREPLACE (DECORATIVE ONLY) LARGE LIVING ROOM W BALCONIES. PARKING GARAGE IS CURRENTLY AN ADDITIONAL COST NOT INCLUDED IN CURRENT RENT. FRONT & BACK PARKING LOTS W SECURED ENTRANCES. LAUNDRY ROOM W 2 NEW COIN OPERATED WASHER & DRYERS INCLUDES 11 PRIVATE SECURED STORAGE UNITS. THIS BUILDING IS PHA APPROVED. ROOF 2018. 12 METERS SO WATER COULD BE PAID BY TENANTS, CURRENTLY OWNER PAYS. 8.0% CAP RATE AT 35% FOR EXPENSES. 2 UNITS ARE CURRENTLY VACANT AND WILL NEED SOME UPDATES. POTENTIAL OF WELL OVER 10% CAP W COMPLETION OF LAST 2 UNITS.

Features
: Gas, Forced Air, Central Air
: Shingle
: 22
: Common Area, Owned Equipment
: Level, Golf Course View
: Assigned, Underground, Guest Parking, Detached, Parking Garage, Shared Garage/stall
R7
Address Map
US
IL
Peoria
Peoria
STERLING
318
Avenue
0
W90° 22' 4.2''
N40° 41' 6.1''
Sterling at Madison Golf Course
S
11
MLS Addon
Keller Williams Premier Realty
Cathy
Algas
$0
: Wood Siding, Brick
4
: Slab
Manual
RMAPAP601067
RMAPAPKWPR
Active
18-07-401-004
: Apartment Building
Golf View
$13,423
2023
[email protected]

Residential Income For Sale

318 STERLING Avenue, Peoria, Illinois

0 Acre
$849,900
Listing ID #RMAPA1255469
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : RMAPA1255469
Price : $849,900
Lot Size : 0 Acre
Lot Size Dimensions : 145 x 188
Property Sub Type : Residential Income
Standard Status : Active
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