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1113 2ND Avenue

Silvis, IL 61282
  • $329,900
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: QC4242263
Price Reduced
UPDATED: 25 min ago
$329,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2005
County:
Area:

School Information

High School:

Description

This fantastic 4-unit complex offers a great investment opportunity with a low-maintenance building that boasts great cash flow. Built in 2005, this building is in great condition and is ready for its new owner. The complex is split into two levels, two units up and two down. Each unit is a 2 bedroom, 1 bath apartment, with laundry hookups in each unit. Additionally, the property features parking for tenants as well as on-street parking for their guests. Tenants pay for their own gas and electric, owner currently pays water and garbage. There are 5 electric meters and 4 gas meters. Unit #2 just vacated and is available to show (photos included in listing)

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© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nikki Sailor | Mel Foster Co. Data last updated: 2023-05-30T23:45:14.81.
www.nikkisailor.com/homes/138919256
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1113 2ND Avenue Silvis, IL 61282

  • Price: $329,900
  • Status: Active
  • On Site: 33 Days
  • Updated: 25 min ago
  • ID#: QC4242263
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2005
Built
Neighborhood:
Silvis
County:
Rock Island
Area:
Qcara Area
High School:
United Township
Property Description
This fantastic 4-unit complex offers a great investment opportunity with a low-maintenance building that boasts great cash flow. Built in 2005, this building is in great condition and is ready for its new owner. The complex is split into two levels, two units up and two down. Each unit is a 2 bedroom, 1 bath apartment, with laundry hookups in each unit. Additionally, the property features parking for tenants as well as on-street parking for their guests. Tenants pay for their own gas and electric, owner currently pays water and garbage. There are 5 electric meters and 4 gas meters. Unit #2 just vacated and is available to show (photos included in listing)
Exterior Features

Construction Materials Vinyl Siding Parking Features AssignedGuest ParkingOn Street Parking Total 8 Roof Shingle

Interior Features

Basement None Building Area Total 3930 Heating Forced AirGasCentral AirGas Water Heater Interior Features Cable Available Number Of Central Air Units 4 Number Of Dishwashers 1 Number Of Electric Meters 5 Number Of Gas Meters 4 Number Of Heating Units 4 Number Of Ranges 1 Number Of Water Heaters 4 Numberof Refrigerators 1

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Other Gross Income 37140 Gross Scheduled Income 37140 Insurance Expense 2073 Lot Features Level Lot Size Dimensions 49X140x49x139 Manager On Site YN No Net Operating Income 21051 New Construction YN No Number Of Water Meters 1 Operating Expense 8793 Structure Type Quadruplex Tax Annual Amount 7296.36 Tax Legal Description Lot 23 Block 11 Town Of Silvis Tax Year 2021 Trash Expense 1320 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Bobby Bunch of Ruhl&Ruhl Realtors Bettendorf: Customer: 563-441-1776.
© 2023 RMLS Alliance, LLC. All Rights Reserved.


© 2023 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Nikki Sailor | Mel Foster Co. Data last updated: 2023-05-30T23:45:14.81.
 
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Nikki Sailor | Mel Foster Co
3211 E 35th St Ct
Davenport IA, 52807