501 W Columbia Ter, Peoria, IL, 61606

USD 380,000
For Sale MLS: PA1263065

Property Details

Bedrooms

9

Bathrooms

5

Property Type

multi family

Description

Multi Family in Peoria, IL - Bedrooms: 9 - Bathrooms: 5 - Area: N/A - Year Built: 1930 - Lot: 6534 sqft

Listing Agent: Sarah Knickerbocker Brokerage: RE MAX Traders Unlimited

HUGE ALL-BRICK TRIPLEX over 5000 finished sqft! Incredible investment opportunity offering three spacious 3-bedroom units, each approximately 1, 6001, 700 sq ft. This solid brick property has been extensively updated, featuring a 2024 roof, 2024 furnaces and A/C units, newer electrical, one new water heater, new bathroom vanities, new washers and dryers, and multiple newer appliances. Main and lower unit have common laundry room. Upper level has laundry in unit. All units currently occupied. Each unit offers generous living space and functional layouts, making this property ideal for owner-occupants or investors alike. Dont miss your chance to own this well-maintained, income-producing property with significant updates already completed!

Location

Address

501 W Columbia Ter, Peoria, IL, 61606

City

Peoria

Features and Finishes

Bedrooms: 9, Cable Available, Laundry Features: Common Area, Private, Basement Features: Finished, Cooling Features: Central Air, Heating Features: Forced Air, Heating: Yes, Full Bathrooms: 5, Fencing: Fenced, Road Surface Type: Paved, Lot Description: Level, Lot Size Acres: 0.15, Lot Size Dimensions: 1030x48x130x49, Lot Size Square Feet: 6534, Parking Features: Attached, Parking Total: 2, Gross Income: 53400, Gross Scheduled Income: 53400, Lease Term: One Year or Less, Number of Units: 3, Bedrooms in Unit-1: 3, Bedrooms in Unit-2: 3, Bedrooms in Unit-3: 3, Total Bathrooms in Unit-1: 2, Total Bathrooms in Unit-2: 2, Total Bathrooms in Unit-3: 1, Full Bathrooms in Unit-1: 2, Full Bathrooms in Unit-2: 2, Full Bathrooms in Unit-3: 1, Unit 1 Total Actual Rent: 1550, Unit 2 Total Actual Rent: 1550, Unit 3 Total Actual Rent: 1350, High School: Peoria High, Annual Tax Amount: 5169, Source Listing Status: Active, County: Peoria, Directions: Sheridan to Columbia Terrace, Tax Year: 2024, Source

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