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1831 S Kneer Avenue, Peoria, IL 61605

$50,000

3 bed | 1 full bath | 1,099 sq ft
MLS# 1256147
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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

Property Details

City
Peoria
County
Peoria
Subdivision
Unknown
Schools
  • Peoria High
Type
Residential
Style
Other
Garage
  • Other
New Construction
No
Bedrooms
3
Full Baths
1
Square Ft.
1,099
Livable Square Ft.
1,099
Apx Lot Size
126*41
Year Built
1957

Room Levels & Sizes

BsmtLowMainUppAddlTot
Full Baths001001
Half Baths000000
BsmtLowMainUppAddl
Bedroom 110x10
Bedroom 210x10
Bedroom 310x10
Kitchen10x10
Third Floor

Features

Roofing
  • Other
Garage/Parking
  • Other
Basement
  • None
Heating/Cooling
  • Other
Water/Sewer
  • Other
Kitchen/Dining
  • Other Kitchen/Dining

Financials

2023 Taxes
724
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of eXp Realty, LLC, Andrew Guadalajara, as of 02/23/2025 17:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.