BEDS0
BATHS
SQUARE FEET9,312
MLS#12758228
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
Investor opportunity featuring 12 spacious one-bedroom, one-bathroom apartments and 6 garages in a highly accessible Rock Island location. The area is quiet and has several long term tenants - including a tenant that has been there for 25 years. The complex is situated just off major routes with convenient access to the Centennial Bridge, Highway 92, I-280, downtown Davenport and Rock Island. The property currently generates $6,285 per month. Three units are currently vacant, offering immediate opportunity to increase rental income and overall cash flow. Tenants pay water and sewer; owner pays gas, electric and garbage. Only vacant units will be shown for first showing.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Lot Size: 0.23 Acres
Stories: 3.0
Taxes: $18,328
Year Built: 1874
Feature Descriptions
Current Use: Multi-Family
Exterior: Brick
Foundation: Block
Frontage Type: City Street
Location: Corner, In City Limits
Parcel#: 0735102003
Parking: 6-12 Spaces
Potential Use: Multi-Family
Tenant Pays: Sewer
Units: 12
Listed By / Shown By
Listed By
Agency Name: Milltown Realty, LLC
Agency Phone: 309-517-1182
Shown By
Agent Name: Danielle Powers
Agent Phone: (815) 847-8406
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 2,634.92 per month $979.25 Principal & Interest $1,527.33 Property Tax $128.33 Homeowner's InsuranceChange Payment Information
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1301-1305 2nd Avenue | MLS# 12758228
This multi-family property located at 1301-1305 2nd Avenue, Rock Island, IL 61201 is currently listed for sale with an asking price of $440,000. Search Rock Island real estate on daniellepowers.dickersonnieman.com today.