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26 E Main St 4 Unit Apartment Building $195,000 ($48,750/Unit) Pekin, IN 47165
EXECUTIVE SUMMARY
COMMERCIAL/MULTI-FAMILY INVESTMENT! This 2700+ square foot, current quadplex has tons of potential for passive income or future owice space. There is
plenty of green space behind the property that could be constructed into extra parking for a business. Located right in the middle of New Pekin. Building
consists of 3 units with 2 bed/1 bath and one studio 1 bed/1 bath. All four units are currently rented out, details available upon request. All showings must be
accompanied by the listing agent and a 24 hour notice is mandatory. Property has a 8% Cap Rate. An additional residential rental property is available check
out MLS: 2024010121. Any questions please contact listing agent.
plenty of green space behind the property that could be constructed into extra parking for a business. Located right in the middle of New Pekin. Building
consists of 3 units with 2 bed/1 bath and one studio 1 bed/1 bath. All four units are currently rented out, details available upon request. All showings must be
accompanied by the listing agent and a 24 hour notice is mandatory. Property has a 8% Cap Rate. An additional residential rental property is available check
out MLS: 2024010121. Any questions please contact listing agent.
PROPERTY FACTS
| Price | $195,000 | Property Subtype | Apartment |
| Price Per Unit | $48,750 | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 2,700 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1950 |
| Price | $195,000 |
| Price Per Unit | $48,750 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.24 AC |
| Building Size | 2,700 SF |
| No. Stories | 1 |
| Year Built | 1950 |
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PROPERTY TAXES
| Parcel Number | 88-14-24-441-039.000-014 | Improvements Assessment | $35,800 |
| Land Assessment | $9,800 | Total Assessment | $45,600 |
PROPERTY TAXES
Parcel Number
88-14-24-441-039.000-014
Land Assessment
$9,800
Improvements Assessment
$35,800
Total Assessment
$45,600
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26 E Main St
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