1620 W FREDONIA AVE Active Save Request In-Person Tour Request Virtual Tour
Peoria,IL 61606
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
Square Footage 1,648 sqft
Price per Sqft $101
Subdivision Callender & Ayres
MLS Listing ID PA1262378
Year Built 1924
Annual Tax Amount $3,404
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Residential Income
Property Description
PRIME BRADLEY UNIVERSITY INVESTMENT OPPORTUNITY! Unlock a phenomenal investment with this multi-family property located at 1620 West Fredonia Avenue, a powerhouse for rental income. Situated just 0.1 miles from Bradley University, this home is a student housing dream, offering an unbeatable walk-to-campus location that tenants will compete for. This two-story duplex is an investor's perfect setup. This Duplex has a total of 6 bedrooms and 2 bathrooms across 1,648 sq. ft. This layout is ideally suited to accommodate up to six students, allowing you to maximize your rental yield and capitalize on the constant demand for student housing. The property also includes a full basement for extra storage and a detached garage - a highly-sought-after amenity for renters. This isn't just a house; it's a turn-key business opportunity. The proximity to campus ensures a consistent pool of tenants and a strong, reliable cash flow. Stop searching for the perfect investment; you've found it. Don't miss your chance to own one of the best rental locations in Peoria's West Bluff.
Location
State IL
County Peoria
Area Paar Area
Interior
Heating Baseboard,Electric,Natural Gas,Hot Water,Radiant,Gas Water Heater,Window Unit(s)
Laundry Owned Equipment
Exterior
View true
Roof Type Shingle
Building
Lot Description Level
Water Public Sewer,Public
Structure Type Brick Partial,Vinyl Siding
New Construction false
Schools
High Schools Manual