Turnkey investment opportunity with immediate cash flow! This well-maintained duplex, built in 1996, generates $2,400 per month in rental income and is occupied by reliable long-term tenants paying $1,200 per month per unit. Skip the hassle of renovations and vacancy periods and start collecting income from day one. Each unit features 2 bedrooms, 1.5 bathrooms, spacious living areas, and private basements equipped with washer and dryer appliances. Tenants are responsible for the majority of utilities, helping to keep ownership expenses low and maximize cash flow. Exterior amenities include a welcoming front porch, a 2-car garage, and ample driveway parking for residents and guests. Property being sold as-is, interior photo's taken prior to tenancy, exterior photo's updated. Whether you're looking to expand your portfolio or secure your first investment property, this income-producing duplex offers strong rental history and immediate returns! Reach out with any questions!
Listed By
Agency Name: Rainmaker Collective - Real Broker, LLC
Agency Phone: 563-661-5936
Shown By
Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900
Estimated Payment
$ 1,080.46 per month $489.62 Principal & Interest $526.67 Property Tax $64.17 Homeowner's Insurance
6104 N Frostwood Parkway | MLS# 12670869
This multi-family property located at 6104 N Frostwood Parkway , Peoria, IL 61615 is currently listed for sale with an asking price of $220,000. N Frostwood Parkway is located within the District 150 school district. Search Peoria real estate on www.dickersonnieman.com today.