26 E Main Street Pekin, IN 47165

Building Details

Year Built

1950

Listing office JPAR Aspire w***@gmail.com Show Phone

Listing date Dec 14, 2022

Source Xome

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Investment Insights

Based on property information with market context.

This property is a 2700+ square foot quadplex with potential for passive income or future office space. Located in New Pekin, it features green space behind the property that could be used to construct extra parking. The building consists of three units with two bedrooms and one bathroom each, and one studio unit with one bedroom and one bathroom. All four units are currently rented out. The property has a 10% Cap Rate.

Key Highlights

• High 10% Cap Rate indicates strong investment potential.
• Current quadplex configuration provides immediate rental income.
• Potential for conversion to office space offers flexibility.

Property Analytics

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FAQs

What type of property is this?

Quadplex - Quadplex in New Pekin with income potential and green space.

Where is this quadplex located?

The property is located at 26 E Main Street Pekin, IN.

What is the asking price?

The asking price for this property is $199,800.

What are key features of this property?

This property features: High 10% Cap Rate indicates strong investment potential.; Current quadplex configuration provides immediate rental income.; Potential for conversion to office space offers flexibility.