$250,000.00
Rock Island, IL 61201
Description
This 9 unit building has been in the family for 90 years! Talk about generational wealth building! 8 efficiency units all complete with stove, refrigerator, window a/c units and full bathroom. Main level units have patio and private entry. The top floor "Penthouse" is a 3 bedroom apartment that rents at $700 and is complete with stove, microwave, refrigerator, central air and forced air heat and full bath. 2 car garage is currently rented out at $125 per month. All 9 units currently rented with owner paying all utilities (gas, electricity and water). 8 efficiency units rents vary between $460 - $500. Coin operated laundry is owned by the owner and provides additional income. Per the seller the Roof was replaced in 2012. Squarefootage per recent appraisal. No showings without a LOI or Written Offer to Purchase with proof of funds/ bank pre-approval letter.
Key Features
- Property Type Residential Income
- Acres Acres
- Minerals Call for more info
- MLS # QC4251700
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Listing #QC4251700 Courtesy of Scott Egger with Ruhl&Ruhl REALTORS Moline. Customer: 563-441-1776. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.