5+ Units

duplex for sale

12 views

Listed: 02/13/23

Pearl Place Senior Apartments, 520 Pearl Street, Belvidere, IL 61008, USA

Studio Bed:

1 Bath:

1,761 Sq Ft Living Area:

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Price

$ 329,000

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About This Duplex

Beautiful Victorian 6-unit multifamily on 0.7-acre lot with nice yard for tenant use or expandable storage for owner. Potential 7th basement apartment to rehab. Two 1-bedroom and four studio apartments. Four garage and expansive off-street blacktop parking, 2-room detached workshop w/propane hookup and 4-car garage attic for storage. Basement also has tenant storage closets, work/supply area and coin operated WD "as is". All new electrical and remodeled baths. GHW system. Separate electric meter for tenants. Tenant owned window AC units. Owner pays heat, exterior lighting, mowing, snow removal, water garbage and sewer. Owner contracting for exterior paint in Spring. Five fire security lights that go on in the event normal power is lost during fire.

Property Includes

Parking
Storage
Cooktop
Refrigerator
Roof Composition Shingle
Heating Hot Water
Heating Steam

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Belvidere Housing & Living

Household Income

Median household income: $51,021

Number of households: 8,982

The average household income in Belvidere, IL grew from $47,586 to $51,021 in the past year. This data is an estimate based upon 8,982 households in Belvidere, IL.
The chart below presents how household income is distributed in Belvidere, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Belvidere, IL compared to median property taxes around the country. The prevalent amount of property taxes in Belvidere, IL equals $3k+ , which is more than the national average.