1620 W FREDONIA Avenue, Peoria, IL 61606

• 1,648 sqft

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.

Listing Status:

Active

Listing Office:

Adam Merrick Real Estate : 309-282-1000

Listing Agent:

Adam J Merrick : 309-678-3734

MLS ID:

PA1262378

Interior

• General: Cable Available
• Laundry: Owned Equipment
• Basement: Full
• Heating: BaseboardElectricNatural GasHot WaterRadiantGas Water HeaterWindow Unit(s)

Exterior

• Parking: DetachedParking spaces: 6

Construction

• Roofing: Shingle

Location

• Road/Access: Alley PavedPaved
• Originating MLS: rmlsa
• County: Peoria

Lot

• Zoning: CALLENDER & AYRES ADD NW 1/4 SEC 8-8-8E LOT 7 BLK 618-08-106-005

Utilities

• Water: Public SewerPublic

Financial

• Source: rmlsa

This listing courtesy of Adam J Merrick, Adam Merrick Real Estate