Investment Opportunity - Purpose-Built Side-by-Side Duplex on Corner Lot This well-maintained side-by-side duplex offers a great opportunity for both investors and owner-occupants. Each unit features 2 bedrooms, 1 bathroom, and an attached 1-car garage, providing a functional layout that is highly desirable for tenants. One unit has been recently updated with brand new flooring and fresh interior paint, making it move-in ready and ideal for a new tenant or an owner-occupant looking to offset their mortgage. The second unit is currently rented at $800 per month on a month-to-month lease, offering immediate income with the flexibility to adjust rents. The vacant unit has a pro forma rent of $1,200 per month, presenting strong upside potential. Tenants pay all utilities, helping keep operating expenses low and maximizing cash flow. Situated on a corner lot, the property benefits from added privacy, extra yard space, and convenient access. Attached 1-car garage for each unit. A solid addition to any rental portfolio with immediate income and value-add potential! Listing agent related to seller.
Listed By
Agency Name: Landmark Realty of Illinois LLC
Agency Phone: 815-875-1221
Shown By
Agent Name: Julie Wilson
Agent Phone: (815) 378-7749
Agency Title: Dickerson & Nieman Realtors
Estimated Payment
$ 715.51 per month $420.63 Principal & Interest $239.75 Property Tax $55.13 Homeowner's Insurance
824 W Marquette Street | MLS# 12591574
This multi-family property located at 824 W Marquette Street , Princeton, IL 61356 is currently listed for sale with an asking price of $189,000. W Marquette Street is located within the District 500 school district. Search Princeton real estate on juliewilson.dickersonnieman.com today.