700,706-718 N UNDERHILL Street unit: 714 714, Peoria, IL 61606
sale
$550,000
|
Other
Courtesy Of Adam Merrick Real Estate
Prime Investment: 6-Home Bradley University Portfolio. A truly rare opportunity to acquire a six-house portfolio, strategically located just steps from Bradley University. This unique package offers an investor the chance to own a significant majority of homes on a single street, an unparalleled advantage in the rental market. Owning the block simplifies everything from maintenance and landscaping to tenant management. You set the standard for quality and curb appeal, creating a cohesive and desirable community that attracts the best tenants. This is a turnkey investment powerhouse. The prime location ensures a consistent, high-demand tenant pool from Bradley's student body and the local hospitals, leading to historically strong occupancy rates and robust cash flow from day one. Student housing provides a recession-resistant asset, securing your capital while offering significant potential for appreciation. Seize the chance to add a substantial, cash-flowing asset to your portfolio. This is a legacy investment in a premier location.
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Property Features
- Building Units: 6
- Cooling System: Window Unit(s)
- Cooling System: Multi Units
- Cooling System: Central Air
- Cooling System: Wall/Window Unit(s)
- Exterior Type: Vinyl Siding
- Exterior Type: Frame
- Exterior Type: Aluminum Siding
- Floor Covering: Carpet
- Heating System: Electric (Heating)
- Heating System: Heat Pump (Heating)
- Heating System: Natural Gas
- Legal Description: MOSS ADD NE1/4 SEC 8-8-8E BEG INTERSEC E LN UNDERHILL ST & NLY LN ALLEY RGE 2 RUNNING PARALLEL MOSS
- MLSID: PA1259785
- Roof Type: Asphalt
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