Venky Basam
This listing was posted on RealtyWW.
$105,000
Home For Sale In Peoria, Illinois
Price:
$105,000
BR/BA:
4 BR, 2.5 BA
Location:
2419 N Prospect Rd, Peoria, IL
Description:
Incredible Investment Opportunity: Profitable Sober Living Home or can be used as business in 1st Flr and residence in 2nd Flr! Are you seeking an excellent investment opportunity? Look no further! This property presents a unique chance to own and operate a successful sober living home, offering a potentially substantial return on investment. The current setup allows for housing up to 7 tenants, with the potential to earn $600 per month per tenant. This is an exceptional income opportunity in itself, with $4, 200 monthly potential revenue. With some strategic upgrades, including the addition of a sprinkler system, you can expand into the third floor. This expansion would enable you to accommodate up to 14 tenants, effectively doubling your income potential to an impressive $8, 400 per month. Within the past two years, the property has undergone significant renovations. These updates include three revamped bathrooms and two new kitchens, ensuring your tenants will enjoy modern and comfortable living spaces. The property's interiors have been recently painted, new roof, updated plumbing and electrical systems, water heater, doors and windows, new flooring and 4 car concrete driveway. This property represents an outstanding opportunity to invest in a business with real earning potential. Whether you're looking to capitalize on the existing setup or expand to maximize returns, this investment property is worth serious consideration. Don't miss your chance to explore this promising investmentFor more details: https://realtyww.info/homes_peoria-d527401/for-sale_i69696898
Property Type:
Single-Family Houses
Posted:
March 21 on RealtyWW
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More About this Listing: Home For Sale In Peoria, Illinois
Home For Sale In Peoria, Illinois is a Four Bedroom 2.5 Bath Single-Family Homes for Sale at 2419 N Prospect Rd in Peoria IL. Find other listings like Home For Sale In Peoria, Illinois and listings near 2419 N Prospect Rd by searching Oodle Classifieds for Four Bedroom 2.5 Bath Single-Family Homes for Sale in Peoria IL.
Home For Sale In Peoria, Illinois is a Four Bedroom 2.5 Bath Single-Family Homes for Sale at 2419 N Prospect Rd in Peoria IL. Find other listings like Home For Sale In Peoria, Illinois and listings near 2419 N Prospect Rd by searching Oodle Classifieds for Four Bedroom 2.5 Bath Single-Family Homes for Sale in Peoria IL.