506 SPRING Street

$50,000.00 Peoria, IL 61603
  • Peoria County
  • 4 Beds
  • 1 Baths

Description

Attention Investors: Prime Cash-Flowing Opportunity! Presenting an exceptional package of 18 houses, available for $900,000 sold as a complete package (no individual sales). This portfolio includes 11 properties currently rented, generating $8,750 in monthly income. The remaining 7 houses are vacant, offering the perfect opportunity for renovation and to achieve full Section 8 rental value. Once remodeled and rents are brought up to market rates, the potential monthly rental income for this package is an impressive $23,500. This is a rare chance to acquire a well-positioned real estate portfolio with both stable income and substantial room for growth. Don't miss out on this lucrative investment opportunity

Key Features

  • Property Type Residential
  • Acres Acres
  • Minerals Call for more info
  • MLS # PA1256136

Property Map

Contact Us

  • This field is for validation purposes and should be left unchanged.

Similar Properties

  • 2310 W KENSINGTON Drive

    Peoria, IL 61614

    Charming Split-Level Home with Wooded Views! Welcome to this beautifully maintained 3-bedroom, 2-bath split-level home full of charm and updates! 2020 New Roof and Furnace. Fr...

    • $169,990.00
    • Peoria County
    Learn More »
  • 2137 N WISCONSIN Avenue

    Peoria, IL 61603

    One of 6 properties "sold as a package".Active Section 8 tenant. approved. Monthly rental is $1,227. storm water paid by the seller and tenants paid the rest of utilities. Thi...

    • $90,000.00
    • Peoria County
    Learn More »