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321-333 S Kennedy Ave, Princeville, IL, 61559

8beds
4baths
3,816sqft
$439,000
$115price/sqft
$3,833/moest. monthly cost
$153,320/yrincome needed

About This Home

Lovingly owned, meticulously maintained & exceptionally cared for since 1971 by the original owner, this rare investment opportunity in charming Princeville offers 2 separate duplex buildings on 1 parcel featuring a total of 4 units! located on a quiet dead-end street w/paved road, curbs & gutters, tenants will appreciate the peaceful small-town setting while enjoying convenient access to both Peoria & Galesburg! Each unit offers approx. 950 finished sq ft w/desirable floor plan including 2 BR, 1 full BA, generously sized family rm & comfortable BR spaces. Every unit includes an attached garage w/electric opener, additional storage space at the back of the garage, plus private laundry hookups in the partial unfinished basement providing even more storage opportunities for tenants. Pride of ownership shines throughout as these units have always been smoke-free & pet-free, resulting in interiors that are incredibly neat, clean, & well preserved. Investors will immediately recognize the long-term care & low-maintenance appeal these properties offer. An added bonus for future ownership-because these properties have remained in the same family for decades current rental rates have not been adjusted to today's market levels, creating excellent upside potential for increased future income. Whether you are looking to expand your portfolio or invest in a hard-to-find multi-unit property w/strong long-term potential, this is an outstanding opportunity in a highly desirable community!

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

8/10
8/10
Princeville High SchoolGrades 6-120.3 mi

Construction

Condition

  • Year built: 1971

Materials

  • Foundation: Block
  • Roof: Shingle
  • Construction materials: Brick Partial,Vinyl Siding,Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Quadruplex

Interior

Appliances

  • Appliances included: Gas Water Heater,Range,Refrigerator,Water Heater
  • Laundry features: Private,Units Hook-Ups

Basement

  • Basement: Crawl Space,Partial,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Storage,High Speed Internet

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,816
  • Total interior livable area: 3,816 sqft

Property

Details

  • Parcel number: 0319104007
  • Zoning description: Residential

Lot

  • Features: Level,Dead End Street
  • Lot size dimensions: 90.4 x 84 x 259 x 109 x 75 x 77.8 x 5

Parking

  • Total spaces: 4
  • Parking features: Attached