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4011 7TH AVE Rock Island, IL 61201
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Key Details
Sold Price $155,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Columbia
MLS Listing ID QC4247596
Sold Date 12/15/23
Maintenance Fees $1,300
Year Built 1900
Annual Tax Amount $1,986
Tax Year 2022
Lot Dimensions 47x104
Property Sub-Type Two to Four Units
Property Description
Multi-family, cash flowing, investment property within walking distance of Augustana College boasting an incredible 14% cap rate! All units are 1 bed and 1 bath with refrigerators, stove/ovens. Garage and basement being rented below market rate for $325 per month. Basement includes coin-op laundry, shower bathroom and office area and 200 Amp service. New roof in 2019, new windows in 2020, new siding in 2020, new furnace in 2020.
Location
State IL
County Rock Island
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Equipment Water Heater-Gas
Fireplace N
Laundry Common Area
Exterior
Utilities Available Cable Available
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
High Schools Rock Island
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Bought with David Derrick of Mel Foster Co. Davenport
NEARBY SCHOOLS & BUSINESSES
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