$849,900
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318 S Sterling Avenue Unit 11 Peoria, IL 61604
Cluster
Residence
Beds
Baths
...
Bed/Bath
12,000
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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 L...IVING 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.
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MLS#
PA1255469
Property Type
Cluster
Square Feet
12,000
sq. ft
Lot Size
1
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