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709-11-13-15 42ND Street

Rock Island, IL 61201
  • $349,900
  • STATUS: Active
  • ON SITE: 98 Days
  • ID#: QC4245939
UPDATED: 55 min ago
$349,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1919
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Great investment opportunity, beating the 1% rule! These properties have been great Augie rentals for many years! Replacement windows in all units. All three properties sit on one parcel. 709-709 1/2 has 1,461 SF with 1 BR/1Ba ($575 rent) and 2BR/1 BA ($590 rent). 711-711 1/2 has 1,248 SF with 1 BR/1Ba ($450 rent) 1 BR/1BA down ($575 rent). 713-715 has 2,700 SF & is a 4-Plex. There are 2 - 1BR/1BA units ($550 rent each) and there are 2 - 2BR/1BA units ($650 & $695). Coin operated laundry in unit 709 for additional income.

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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: 2023-12-05T22:45:16.593.
www.nikkisailor.com/homes/142858436
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709-11-13-15 42ND Street Rock Island, IL 61201

  • Price: $349,900
  • Status: Active
  • On Site: 98 Days
  • Updated: 55 min ago
  • ID#: QC4245939
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1919
Built
Neighborhood:
Edgewood Park
County:
Rock Island
Area:
Qcara Area
Elementary School:
Longfellow
Middle School:
Washington
High School:
Rock Island
Property Description
Great investment opportunity, beating the 1% rule! These properties have been great Augie rentals for many years! Replacement windows in all units. All three properties sit on one parcel. 709-709 1/2 has 1,461 SF with 1 BR/1Ba ($575 rent) and 2BR/1 BA ($590 rent). 711-711 1/2 has 1,248 SF with 1 BR/1Ba ($450 rent) 1 BR/1BA down ($575 rent). 713-715 has 2,700 SF & is a 4-Plex. There are 2 - 1BR/1BA units ($550 rent each) and there are 2 - 2BR/1BA units ($650 & $695). Coin operated laundry in unit 709 for additional income.
Exterior Features

Construction Materials StuccoVinyl Siding Parking Features On Street Parking Total 8 Roof Shingle

Interior Features

Basement Full Building Area Total 5409 Heating Forced AirGasHot WaterGas Water Heater Laundry Features Common Area Number Of Central Air Units 0 Number Of Dishwashers 0 Number Of Dryers 2 Number Of Electric Meters 10 Number Of Gas Meters 11 Number Of Heating Units 7 Number Of Ranges 8 Number Of Washers 2 Number Of Water Heaters 3 Numberof Refrigerators 8

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 56120 Gross Scheduled Income 55620 Insurance Expense 4000 Lease Term Variable Lot Features Level Lot Size Dimensions 53 x 141 Manager On Site YN No Net Operating Income 36070 New Construction YN No Number Of Water Meters 3 Number Of Window Units 0 Operating Expense 13000 Repossessed No Structure Type Two or More StoryQuadruplexOther Tax Annual Amount 7050 Tax Legal Description LOT 7 BLOCK C EDGEWOOD PARK ADD W 12 FT LOT 8 AND ALL Tax Year 2022 Trash Expense 0 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Darla Teager of Re/Max Concepts Bettendorf: darlateager@att.net.
© 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: 2023-12-05T22:45:16.593.
 
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