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6104 N Frostwood Parkway Peoria, IL 61615 Multi Unit - Multiple Active

  • 6104 N Frostwood Parkway, Peoria, IL 61615 Main Photo

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Description

Turnkey investment opportunity with immediate cash flow! This well-maintained duplex, built in 1996, generates $2,400 per month in rental income and is occupied by reliable long-term tenants paying $1,200 per month per unit. Skip the hassle of renovations and vacancy periods and start collecting income from day one. Each unit features 2 bedrooms, 1.5 bathrooms, spacious living areas, and private basements equipped with washer and dryer appliances. Tenants are responsible for the majority of utilities, helping to keep ownership expenses low and maximize cash flow. Exterior amenities include a welcoming front porch, a 2-car garage, and ample driveway parking for residents and guests. Property being sold as-is, interior photo's taken prior to tenancy, exterior photo's updated. Whether you're looking to expand your portfolio or secure your first investment property, this income-producing duplex offers strong rental history and immediate returns! Reach out with any questions!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 4
County: Peoria
Listed By:
Rainmaker Collective - Real Broker, LLC 563-661-5936
MRED MLS
$220,000
Est. $1,461/mo
4beds
4baths
2cars
Active
BEDS4 BATHS4 full MLS#12670869
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 150

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Ruhl&Ruhl Realtors
563.441.1776

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6104 N Frostwood Parkway, Peoria, IL 61615.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $220,000$220,000$220,000
Down Payment $44,000$7,700$55,000
Monthly Mortgage Amount $1,055$1,313$1,359
Taxes $306$306$306
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$97$0
Monthly Estimated Total $1,461$1,816$1,765

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