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835 21ST Street

Rock Island, IL 61201
  • $290,000
  • STATUS: Active
  • ON SITE: 58 Days
  • ID#: QC4241782
UPDATED: 86 min ago
$290,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1909
County:
Area:

School Information

Elementary School:
Middle School:
High School:

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 and window a/c units. 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. 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 $420 - $550. Coin operated laundry is owned by the owner and provides 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: 2023-06-07T23:45:17.14.
www.nikkisailor.com/homes/138424564
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835 21ST Street Rock Island, IL 61201

  • Price: $290,000
  • Status: Active
  • On Site: 58 Days
  • Updated: 86 min ago
  • ID#: QC4241782
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1909
Built
Neighborhood:
John W Spencer
County:
Rock Island
Area:
Qcara Area
Elementary School:
Rock Island Academy
Middle School:
Washington
High School:
Rock Island
Property 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 and window a/c units. 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. 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 $420 - $550. Coin operated laundry is owned by the owner and provides additional income.
Exterior Features

Construction Materials Aluminum Siding Parking Features DetachedOn StreetParking Pad Parking Total 3 Roof Shingle

Interior Features

Basement Full Building Area Total 3950 Heating Heating Systems - 2+GasCentral AirGas Water HeaterWindow Unit(S) Interior Features Cable Available Laundry Features Owned Equipment Number Of Central Air Units 1 Number Of Dishwashers 1 Number Of Dryers 2 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 3 Number Of Ranges 9 Number Of Washers 2 Number Of Water Heaters 2 Numberof Refrigerators 9

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyConventional Gross Income 56340 Gross Scheduled Income 54840 Insurance Expense 2333 Lease Term Variable Lot Features Level Lot Size Dimensions 64X143X55X143 Manager On Site YN No Net Operating Income 36849 New Construction YN No Number Of Water Meters 1 Number Of Window Units 8 Operating Expense 14821 Structure Type Two Or More StoryOther Tax Annual Amount 4669.56 Tax Legal Description O L 2 Ac Darta Sub Div Of Lots Jw Spencers 3rd Add N 10Ft L 10 S 40 Ft L 9 Tax Year 2022 Tenant Pays No Utilities Trash Expense 660 Type Residential Income Water Source Public SewerPublic

Listing provided courtesy of Scott Egger of Ruhl&Ruhl Realtors Moline: 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: 2023-06-07T23:45:17.14.
 
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