1001 Moss Ave Peoria, IL 61606
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 1001 Moss Ave
- Property type
- Small apartment buildings
Description
This exceptional five-unit apartment building presents a compelling investment opportunity in Peoria, Illinois. Located at 1001 W Moss Avenue, this property boasts a prime location within the 61606 zip code. The building, a historically significant home converted into apartments, offers a blend of character and modern convenience. The five units comprise a diverse mix of layouts: one first-floor one-bedroom, one-bathroom unit currently renting for $975; a second first-floor one-bedroom, one-bathroom unit renting for $650; a second-floor one-bedroom, one-bathroom unit renting for $950; another second-floor one-bedroom, one-bathroom unit renting for $795; and a third-floor two-bedroom, one-bathroom unit commanding $995 in monthly rent. Laundry facilities are conveniently located within the basement for two units and in-unit for the remaining three. The property also features recently renovated front and back porches with new concrete. Ample parking is available with ten spaces, accessible via a shared front drive and rear alley. This property is offered at an asking price of $440,000 and presents a strong potential for immediate cash flow and long-term appreciation. The combination of attractive rental income, convenient location, and recent improvements makes this a truly remarkable investment opportunity.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Peoria
- County
- Peoria
- State
- Illinois
- Longitude
- -89.6133926
- Latitude
- 40.6974655
