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$ 175,000
Est. payment | /mo
4 Beds
4 Baths
6,534 Sqft Lot
$ 175,000
Est. payment | /mo
4 Beds
4 Baths
6,534 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12386915
Bedrooms 4
Full Baths 4
Annual Tax Amount $1,422
Tax Year 2024
Lot Size 6,534 Sqft
Lot Dimensions 60.5 X 112.5
Property Sub-Type Two to Four Units
Property Description
Excellent investment opportunity with this updated 4-unit property on S. 8th Street. * Potential Gross monthly rent of $21050 ($25,800 / year) * 4 units, each with 1 bedroom and 1 bath * 3 units recently updated with modern plank flooring and fresh paint * 1 unit occupied by a long-term tenant * Garage (currently unrented) and off-street parking * Recent exterior improvements: tuckpointing and new paint * Separate electric & gas meters 818 - $450/mo including utilities 818.5 - $600/mo tenant paid gas & electric through May 26 820 - $600/mo tenant paid gas & electric through May 26 820.5 - $500/mo tenant paid gas & electric Pro-forma rent $600/mo. Great building for new or experienced investors. 'other' roof is Rolled 2 furnaces, 4 water heaters, both gas Seller is licensed REALTOR in state of California, Separate Electric Meters, Separate Gas Meters, HiSpd Intrnt Fiber Avail
Location
State IL
County Adams
Area Quincy
Zoning COMMR
Rooms
Basement Unfinished, Partial
Interior
Heating Forced Air
Equipment Water Heater-Gas
Fireplace N
Exterior
Garage Spaces 1.0
Building
Dwelling Type Two to Four Units
Water Public
Structure Type Brick,Stone
New Construction false
Schools
Elementary Schools Lincoln-Douglas
High Schools Quincy
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Listed by Spencer Schelp • Swick Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "