818 – 820 S 8TH Street

$175,000.00 Quincy, IL 62301
  • Adams County

Description

818 -20 S. 8th St. Quincy is an excellent investment opportunity for an updated 4-plex. * Potential Gross monthly rent of $21050 ($25,800 / year) * 4 units, each with 1 bedroom and 1 bath * 3 units recently updated with modern plank flooring and fresh paint * 1 unit occupied by a long-term tenant * Garage (currently unrented) and off-street parking * Recent exterior improvements: tuckpointing and new paint * Separate electric & gas meters 818 - $450/mo including utilities 818.5 - $600/mo tenant paid gas & electric through May 26 820 - $600/mo tenant paid gas & electric through May 26 820.5 - $500/mo tenant paid gas & electric Pro-forma rent $600/mo. Great building for new or experienced investors. 'other' roof is Rolled 2 furnaces, 4 water heaters, both gas Seller is licensed REALTOR in state of California

Key Features

  • Property Type Residential Income
  • Acres Acres
  • Minerals Call for more info
  • MLS # QC4264048

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